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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

Jersey Town Okays Con Edison 500 Megawatter

LCG, Aug. 30, 2001--The power project development unit of Consolidated Edison Inc. said yesterday that it had received unanimous approval from the planning board of the south central New Jersey city of Lakewood for a 500 megawatt peaking power plant to be built in the community.

Con Edison Development said in a news release that its Ocean Peaking Power unit would invest about $220 million in the natural gas-fueled project, which will be built adjacent to a 236 megawatt cogeneration plant owned by another affiliate in Lakewood.

The new peaking plant is expected to operate only during periods of highest demand, or about 1,000 hours per year, the company said.

Con Edison Development said it would begin construction on the plant later this year, but did not venture a prediction of when it would begin commercial operation.

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