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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

PG&E Gets Court Okay to Settle Small Claims

LCG, Dec. 28, 2001--Pacific Gas & Electric Co. said yesterday it has received approval from the U.S. Bankruptcy Court to settle most of the 12,800 claims against it, but not authority to pay any of them. Settled claims would be paid following acceptance of a plan of reorganization for the utility.

About 80 percent of the claims filed against the utility are fort amounts less than $100,000, and PG&E will be allowed to settle those. The company will also be allowed to settle some claims for amounts greater than $100,000 but less than $5 million.

The court also approved the utility's request to object to groups of claims on the basis that they are, for example, duplicative, late-filed or have been paid, without waiving its right to assert additional objections to the same claims, if necessary.

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