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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

AES Gets Go-ahead for White Nile Hydro Facility

LCG, Dec. 21, 2001--AES Corp. announced today that the Uganda government has granted its AES Nile Power subsidiary final approval to begin the construction of a $550 million, 200 megawatt hydroelectric facility on the Nile River at a site about 6 miles north of Lake Victoria.

The AES unit will own, operate and construct the hydroelectric facility and related transmission lines and two substations. A local partner, Madhvani International, will take a minority interest in the business. The facility will take about four years to complete.

Power will be sold under a 30-year power purchase agreement to the government-owned Uganda Electricity Board and its successor once the UEB is privatized. The government of Uganda has guaranteed payment under the agreement.

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