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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

Senators Seek Waste Disposal Budget Cuts

LCG, March 20, 2002-Senator Harry Reid said he may limit the nuclear waste disposal budget, which includes the Yucca Mountain project.

In a hearing on Friday Senator Reid and Senator Pete Domenici said to expect Congress to cut the nuclear waste disposal budget.

Attempts to slow the budget may prevent the government from moving on the Yucca Mountain project, which was already approved by President Bush. According to the Las Vegas Review, those involved with the project say they have had to delay applying for a license with the Nuclear Regulatory Commission until 2004.

In 2001 Senator Reid created an energy bill decreasing the nuclear waste disposal budget by 38 percent or about $170 million. His proposed decrease in spending was not passed and $375 million was allotted, still less than the $445 million requested and the eighth consecutive annual decrease in the nuclear disposal budget.

The Yucca Mountain repository is slated to open in 2010.

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