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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

Wind Power Tax Cut Extended

LCG, March 12, 2002-Legislation signed Saturday gives power producers a two year extension on a wind energy tax cut, the Production Tax Credit(PTC).

Applauded by the U.S. wind power industry, the tax cut will hopefully support further growth in wind power, which has stagnated after a year of record growth in 2001. The cut affects about $3 billion in wind energy projects, $1.7 billion of which were installed last year.

Trade groups say that inconsistent legislation has set U.S. wind energy behind that of Europe but hope to bring wind energy from 0.5 percent to 6 percent of total U.S. energy production by 2020.

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