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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

1,569-Mile Chinese Transmission in Operation

LCG, June 3, 2002-A 1,569-mile (2,525 kilometer) transmission line in China now connects the Western province of Sichuan to Eastern provinces such as Shanghai and Zhejiang.

Sichuan plants will supply 750 million kilowatt-hours to Shanghai and Zhejiang, as agreed upon by the Chinese government.

An inefficient and incomplete electricity grid has lead to serious waste, such as in the case of the $3 billion Ertan hydroelectric plant in Sichuan, which lacks customers and must operate below capacity.

The new transmission line comes at a time when China is redefining its electricity industry and laying out plans to split up its state-run electricity monopoly. China plans to have all of its transmission connected by 2005, with the exceptions of Tibet, Xinjiang, and Hainan.

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