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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

Regional Demand Management Considered by FERC

LCG, Feb. 20, 2002--Officials at the Federal Energy Regulatory Commission may issue rules that give control of demand curtailment programs to regional transmission managers, instead of local utilities.

The commission favors regional management because it could increase reliability, by encouraging demand-related decisions that support regional objectives. Some utilities now have programs that allow customers to obtain lower rates in exchange for cuts in their power usage during times of high demand.

The chairman of the FERC, Pat Wood, last week told a conference on demand management funded by the government that "I'd like to see it done regionally." He hinted that a planning document due in March could include rules on demand-response programs. George Edgar, now a director at Wisconsin Energy Conservation Corp. and formerly at the FERC, said "we need a system where the value of energy efficiency that is occurring in Wisconsin could be used to offset regional transmission needs. In other states, the same thing could happen."

Currently, Wisconsin utilities with demand-response programs coordinate with the American Transmission Co., a company formed in 2000 at the same time that utilities were legally required to divest themselves of transmission assets. The sales were meant to prevent market manipulation by local owners of transmission infrastructure.
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