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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

Afghanis Get Power Assistance from Turkmenistan

LCG, March 18, 2002-Several energy projects were approved earlier this month with the intent of restructuring Afghanistan's power infrastructure.

In Asgabat, Turkmenistans president Saparmyat Turkembasy and Afghan head administrator Hamed Karzai met and signed documents to collaborate on energy-related development. Turkmenistan is apparently ready and willing to assist Afghanistan in improving its energy supply.

Afghanistan already buys electricity from neighboring Turkmenistan to power northern Afghanistan, but transmitted power is not sufficient for Afghanistan's planned reconstruction.

Turkmenistan will assist the expansion and modernization of power distribution in Afghanistan, including building a $1.5 million 50 MW line from southern Turkmenistan into Afghanistan to Mazar-e Sharif. Several other projects were agreed upon to build lines to Kabul and Kandahar. Total expenses were projected to be about $500 million.
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