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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

China Plans to Split State Power Corporation

LCG, March 8, 2002-Yesterday Chinese ministers announced plans to redistribute many State Power Corporation electricity-generating and transmission assets to new competitive power-generation organizations.

Officials expect assets to form five regional companies, not including the southern provinces. The State Power Corporation will maintain controlling shares, although State Planning Commissioner Zeng Peiyan said that power producers should compete with one another and will be supervised by an as yet unformed committee. Foreign companies would be able to retain current contracts or form new ones.

Zeng also commented on China's economic growth rate, which has stayed at 7 percent for two months, exceeding expectations.

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