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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

South Korean Electricity Workers End Unsuccessful Strike

LCG, April 3, 2002-After an unsuccessful attempt to prevent South Korea from privatizing its electricity market, public workers ended their illegal five-week strike yesterday.

Korean energy ministers said that there would be "zero possibility" of anything other than privatization and plan to divide and sell the Korean Power Corporation (Kepco) .

In exchange for a government promise to "work together," union leaders ended the strike, but this agreement is vague and the strike may be resumed if nothing more concrete comes of the reconciliation.

South Korea intends to split Kepco into five parts, in addition to privatizing rail and gas.

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