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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

Northwestern Reaches Agreement on Montana Air Quality

LCG, Oct. 10, 2001--Northwestern Corp. said yesterday it has reached an agreement with the Montana Environmental Information Center, Missouri River Citizens Inc. and individual petitioners to settle challenges to an air quality permit for a new power plant near Great Falls.

The settlement was coordinated by the Montana Department of Environmental Quality, which had earlier decided to issue the air quality permit.

Under the agreement, the company will speed up installation of emission controls on the 240 megawatt, natural gas-fueled project, and will fund and develop an energy conservation program for low-income families in Montana.

" We stated from the time we announced the project that Northwestern would work with all parties to assure that Montana First Megawatts would benefit all Montanans," said Mike Hanson, president and chief executive of Northwestern Services Group. "Under this agreement, Northwestern will accelerate the installation of certain emission-reduction technology that will make it one of the cleanest operating electricity generators in the state."

Hanson said the new facility could begin producing electricity by July 1 of next year.

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