EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Lay Steps Down From CEO Post and Chairmanship of Enron

LCG, Jan. 24, 2002--Enron's chairman and CEO Ken Lay has left those positions, under pressure from a bankruptcy court-appointed creditors committee.

Lay will assist Enron's board of directors in selecting a restructuring specialist, who will be acting CEO until a formal replacement is found. In a statement, Lay said, "unfortunately, with the multiple inquiries and investigations that currently require much of my time, it is becoming increasingly difficult to concentrate fully on what is most important to Enron's stakeholders."

The 15-member creditors committee held strong doubts about Lay's effectiveness in seeing that creditors are repaid, in view of the series of sales of Enron stock Lay made in 2001 while the company's financial position was crumbling.

Hearings regarding Enron begin on Capital Hill today before a subcommittee of the House Energy and Commerce Committee ("The Destruction of Enron-Related Documents by Andersen Personnel"), and before the Senate Governmental Affairs Committee ("The Fall of Enron - How Could It Have Happened?").

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service