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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

Storm Leaves Thousands Without Power

LCG, Feb. 1, 2002--A severe winter storm that battered the Midwestern Plains on Wednesday continued eastward, lasting through Friday, leaving effects that remain serious and widespread.

Snow, ice and freezing rain together caused power lines to break or topple, resulting in power outages that affected thousands Friday, in Missouri (145,000), Oklahoma (255,000), Michigan (184,000 homes), Indiana (63,000 homes), and Ohio (47,000 homes).

In Oklahoma, most of those without power were outside the metropolitan areas, and officials there said that days might pass before electricity would be restored for all of those customers. Ice contributed to the most severe storm in Oklahoma of the past 100 years. Although 270,000 customers were without power in Kansas City Thursday, power was restored to less than half by mid-day Friday.

Record snowfall fell in cities in Michigan and Wisconsin. Twenty deaths were attributed to the storm through a broad swath of midwestern states, and in New York. Air traffic resumed today at Kansas City International, and at O'Hare and Midway airports, while countless businesses and schools remain closed.

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