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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

Fusion Project Gets European Union Backing

LCG, Feb. 25, 2002--The European Union will provide €750 million ($652 million) in funding for a working fusion power station expected to be built over 10 years.

The overall cost of the project is anticipated to be &8364;4 billion ($3.48 billion). Britain's head of the Office of Science and Technology, Professor David King, said recent progress on fusion, considered a clean version of nuclear power using deuterium, changed his status to from being "one of the skeptics" to a supporter. He said, "I'm still talking 25 years before we see the first fusion power station. I think that the demand worldwide at that stage for a highly efficient energy source is going to be enormous."

Fusion has faced considerable skepticism from scientists, but research into it has continued due to the possibility of releasing more output of energy than is provided to start a reaction. The Joint European Torus (JET) project near Oxford achieved a fusion reaction which yielded 90 percent of the power consumed.

Countries within and outside the European Union, such as France, Canada and Japan, are likely to submit bids for the building of the power station, called Iter, or in Latin, "the way."
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