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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

Calpine Combined-Cycle Begins Operations

LCG, April 30, 2002--A 550 MW combined-cycle operation has come on-line ahead of schedule.

The Houston, Texas plant, owned by San Jose, California-based Calpine Corp., will sell steam and electricity to LYONDELL-CITGO Refining LP.

According to Calpine, the system, part of the LYONDELL-CITGO's Channel Energy Center, will combust natural gas in turbines that are 40 percent more efficient than older gas-fired generators. Pre-existing operations at Channel Energy Center provided 190 MW, but the recent completion of the combined-cycle project introduced an additional 360 MW.

Channel Energy Center entered operations in July of 2001 and is located along the Houston Ship Channel.

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