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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

Senate Passes Bill Requiring Renewables

LCG, Mar. 22, 2002--A bill preceding more comprehensive energy legislation has been passed 58-40 by the Senate, and would require utilities serving the public to provide 10 percent of electricity from renewable resources by 2020.

Sen. Jeff Bingaman, D-N.M., said the requirement was intended to "diversify our supply of energy." The bill was supported mostly by Democrats and some Republicans from the Northeast. In opposition, many Republicans and some Democrats want to encourage exploration for oil and gas resources within the U.S. Sen. Jon Kyl, R-Ariz., said the primary beneficiary of increased use of renewables would be "a few wind generators," while consumers would pay more for energy, he said.

Sen. Harry Reid, D-Nev., said drilling in the Arctic National Wildlife Refuge was no longer a serious possibility.
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