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Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.

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FERC Approves Vistra's Plan to Acquire Nearly 2,600 MW of Gas-fired Power Plants

LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.

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Industry News

Mirant Moves into Puerto Rico Energy Market

LCG, Aug. 1, 2001--Mirant Corp. said yesterday it will purchase a 540-megawatt power plant and a liquefied natural gas terminal operated by Puerto Rican-based EcoElectrica Holdings Ltd. The move will put Mirant into Puerto Rico for the first time.

Mirant will acquire 100 percent of EcoElectrica from its owners, Edison International Inc. and Enron Corp., for about $586 million cash and will assume liabilities of $600 million, the company said.

A Mirant spokesman said in a company news release that the LNG terminal would continue to provide gas for the power plant and that there were no plans at this point to begin exporting LNG from the terminal to other market in the U.S., the Caribbean or Latin America.

Mirant's presence in the Caribbean includes ownership and operation of power plants in Jamaica,Trinidad and Tobago, and the Bahamas.

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