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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

Official Report Submitted Regarding David-Besse Nuke

LCG, April 22, 2002-On Friday FirstEnergy gave the Nuclear Regulatory Commission its official report regarding the corroded David-Besse nuclear reactor.

FirstEnergy reported that its findings were not deviant from the probable cause report it initially filed with NRC.

Boric acid, a product of the operation of the reactor, created cracks in two control rod drive mechanism nozzles. The cracks were found to have probably developed over a time period of at least four years.

Acid also corroded the steel reactor head; boron deposits on the head may have obscured the crack propagation and prevented inspectors from noticing the otherwise dramatic corrosion.

A better reactor head design, or modifications to the existing reactor, would have allowed inspectors to see problems earlier. FirstEnergy noted that correct use of the boric acid corrosion control program could have possibly averted the corrosion.

FirstEnergy also gave NRC a list of corrections underway, including a comprehensive inspection of all equipment and enhancement of the boric acid corrosion control program.

NRC had announced that according to industry standards, FirstEnergy should have found the corrosion much earlier.

Last month four workers at the plant were found to be host to tiny radioactive particles. While the radiation from the particles was negligible, NRC is investigating the incident.

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