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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

Blugegrass State's Bluegrass Plant Starts Up

LCG, June 13, 2002--A new 500-megawatt, natural gas-fired power plant, intended to operate during peak-demand months June through September, began operating in Kentucky's Oldham County this week.

The plant is run by Bluegrass Generation Co. LLC, a subsidiary of Dynegy, and will sell its output on the open market, mostly in the Midwest. The simple-cycle peaking plant's three turbines are connected to the Louisville Gas & Electric Co. transmission system.

Some opposition to the plant persists, even following emissions testing and the lifting in May of a state moratorium on new merchant permit applications. An organization called Community Against Power Plants is bringing legal challenges concerning alleged health and environmental effects. An administrative hearing is planned for the second week of September.

Dynegy owns another plant in Kentucky's Lawrence county; that facility began producing power in June 2001.
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