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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

Gadsby Plant in Utah to Expand

LCG, Feb. 6, 2002--Growing demand for power in Utah caused the Utah Public Service Commission to approve an expansion of the Gadsby Power Plant, close to Salt Lake City.

Utah Power plans to begin work next week on an $80 million, 120-megawatt expansion of the gas-fired plant. The company wants to have the upgrade completed by summer, when demand should hit its annual peak.

The expansion of the existing plant was seen as the best way to avoid wholesale power price surges on the open market, and approved by Utah's Committee of Consumer Services as well as the Division of Public Utilities.

The PSC chairman, Stephen Mecham, noted that the cost of building the expansion is not guaranteed to be repaid through customer bills. He said, "when they go to recover the costs in a future rate case the company will have to show the costs it incurred were reasonable."
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