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News
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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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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
Watkins Says Enron Partnerships Common Knowledge
LCG, Feb. 15, 2002--Partnerships approved by senior executives at Enron were kept in place by intimidation and deception, company executive Sherron Watkins testified at a hearing of a House Energy investigations subcommittee.In a meeting with chairman Ken Lay in August, Watkins brought up her concerns that losses were being improperly hidden through outside partnerships that were financed using Enron's own stock. Lay, Watkins thought, "didn't understand the gravity of the situation." In talking to other employees, Watkins found that the partnerships were considered to lack a solid foundation, but criticism of their risks met with intimidation from chief executive Jeffrey Skilling and chief financial officer Andrew Fastow. She further testified that Skiling, who claimed ignorance of any accounting misdeeds in testimony last week, "did dupe Ken Lay and the board," and that she would be incredulous if Skilling were not aware of Fastow's practices.Watkins' meeting with Lay took place, Watkins said, when she learned that Fastow might be chosen to replace Skilling as chief executive after Skilling's sudden resignation. Fastow had alllegedly demanded that she be fired after he learned of her meeting with Lay.According to Bruce Hiler, Mr. Skilling's lawyer, "everything she said about my client is based either on hearsay, rumor or opinion." Accountant Arthur Andersen's spokesman Patrick Dorton said that Watkins, who worked at Arthur Andersen earlier in her career, "was not in a position to form judgments" concerning Andersen's professional advice to Enron.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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