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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 Rejects Energy Regulation

LCG, April 15, 2002On Wednesday the U.S. Senate refused attempts to regulate the derivatives market as part of the larger, pending energy bill.

Democratic Senators Dianne Feinstein, CA, Maria Cantwell, WA, and Ron Wyden, OR, proposed the amendment, which was to allow for more transparency in otherwise secret energy trading.

The failed amendment, originally spurred by the Enron scandal, requires market players to disclose derivatives trading information in the hope that manipulation of the energy market, as well as unreasonable rate spikes, might be prevented. The three Senators believe that there is a connection between Enron and the unregulated over-the-counter energy market.

Federal Energy Regulatory Commission (FERC) Chairmen Pat Wood and several organizations within the energy industry such as the American Public Power Association, supported the amendment.

However, the opposition, headed by Republican Senator Phil Gramm of Texas, managed to squash it with the argument that Enrons failure was caused by fraud and that the proposed legislation would be detrimental to the over-the-counter derivatives market. Others in the industry suggested that trading might go offshore.

According to the Oregonian, FERC began investigating possible manipulation after an analyst notified them of a 30 percent drop in prices after Enrons December bankruptcy.

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