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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

Solar Project Will Serve 400,000 in Rural Philippines

LCG, Feb. 7, 2002--A rural section of the Philippines' island province of Mindanao is a party to an agreement with Spain and BP Solar for the installation of solar power for lighting and water systems in a remote, undeveloped area.

Spain will provide 2.4 billion pesos ($48 million) of aid for the project, coordinated by Agrarian Reform Secretary Hernani Braganza. Approximately one-third of the country's poor live in Mindanao. The project is seen as a more cost-effective way to provide power than connecting the area to the main National Power Corp. transmission network and transporting fuel for local generators.

The first of two phases in the installation process will begin in September, and will provide lighting to 5,500 families. Later, 25 irrigation systems and 97 systems to process and distribute drinking water will be installed. Eventually, 68 schools and community centers and 79 health clinics will be electrified. The second phase will also provide lighting for an additional 9,500 homes.
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