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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

North Korea Meets with Russia for Nuke Deal

LCG, March 26, 2002-Last week North Korean and Russian officials talked about joint energy endeavors.

North Korean parliamentary head Choe Thae Bok went to Moscow to speak with Russian industry official Ilya Klebanov about rail and electricity development, including building a nuclear plant.

North Korea has been dubbed part of an "axis of evil" by U.S. President Bush.

A 1994 agreement required the country to stop nuclear arms development. Many international experts say that the country is still retaining and possibly producing weapons-grade plutonium. The agreement also included inspections by the International Atomic Energy Agency.

With U.S. assistance two light-water nuclear reactors were slated to be built by 2003 according to this agreement, but now the project is not likely to happen for years. North Korea is looking for other avenues by which to develop nuclear power.

According to the Guardian, Moscow officials are hesitant to form any definite plans with the North Korean regime.
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