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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

Dutch Fund Philippines Solar Project

LCG, April 18, 2002-The Netherland's government will provide Philippine National Oil with a 250 million peso ($4.9 million) grant to set up 15,100 solar systems in Philippine homes.

According to Philippine National Oil president Thelmo Cunanan, solar systems will be located in 300 barangays, or rural areas, in an attempt to increase energy supply and provide greater reliability.

The Philippine Department of Energy, the National Electrification Administration, and Shell Renewables Philippines Corp. will also be involved with the project. Philippine National Oil (PNOC), Philippine Recycler's Inc., and Shell Renewables have also signed an agreement to collect and recycle batteries as part of the solar energy program. A new subsidiary of PNOC, New and Renewable Energy Sources, will supervise the implementation of the grant.

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