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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

Indiana Local Government Sues over Closing of Utility Hub

LCG, March 13, 2002-Michigan City and LaPorte County have filed suit against Northern Indiana Public Service Co. (NIPSCO), which plans to close five service hubs relevant to the area.

These local governments say that closing the hubs will harm their northern Indiana communities, "Affordable, reliable service for NIPSCO consumers, businesses and industries has taken a back seat to the pursuit of multi-million pay packages for the top executives of that company," said LaPorte County Commission President Marlow Harmon.

NIPSCO announced the closures in January and will begin closing hubs this month, insisting that they will not effect service. Maintenance hubs in Plymouth, LaPorte, Hammond, LaGrange, and Crown Point will be terminated and over 50 employees will be laid off.

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