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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

Fitchburg G&E Files Electric Rate Reduction

LCG, Oct. 23, 2001--Unitil Corp. said yesterday that its subsidiary Fitchburg Gas & Electric Light Co. filed compliance tariffs last Friday with the Massachusetts Department of Telecommunications and Energy for an immediate reduction in its electric distribution rates.

If approved, monthly bills for all FG&E electric customers will be reduced for electrical usage on and after October 19. When fully reflected in rates, customers will see reductions of between 0.8 percent and 5.2 percent depending on rate class and usage.

The company said a residential customer using 500 kilowatt-hours of electricity per month will see a reduction of $1.90 on his electric bill.

"These orders resolve various long-standing cases pending before the Department which we are glad to get behind us," said Unitil chief executive Bob Schoenberger.

He added "Going forward, we will evaluate the adequacy of our distribution rates and address any concerns in future rate proceedings. We are committed to continuing our plans for improved service and reliability and additional investment and economic development for FG&E, and we are committed to providing competitive rate levels to our customers."

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