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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

Newsmakers

Richard K. Gordon has been elected a director of natural gas distributor Atmos Energy Corp. He is vice chairman for investment banking with Merrill Lynch & Co.

Richard K. McGee was named president and chief executive of the Duke Energy International unit of Duke Energy Corp., replacing Bruce A. Williamson. McGee joined Duke Energy in 1999 as vice president and general counsel of Duke Energy Services.

Michael S. Peck has been assigned by the Nuclear Regulatory Commission as resident inspector at the Richland, Wash. nuclear power plant operated by the Washington Public Power Supply System. He makes the move from the nearby Hanford facility of the Department of Energy.

Carlos Saladrigas has been elected a director of Progress Energy Inc. effective September 1. He is chief executive of ADP TotalSource and chairman of Premier American Bank in Miami, Fla.

Bruce A. Williamson has been named president and chief executive of the newly created Duke Energy Global Markets unit of Duke Energy Corp., with responsibility for all Duke Energy business units with global commodities and international business positions. He has been president and chief executive officer of Duke Energy International since 1998.
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