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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

San Jose's Coyote Valley Has Metcalf Ground-breaking

LCG, June 21, 2002--Today, a ceremony to mark the start of construction on developer Calpine Corp.'s 600-megawatt Metcalf Energy Center takes place in North Coyote Valley, a rural area to the south of urban Silicon Valley.

The plant was approved 10-1 by the San Jose City Council, and received the support of Mayor Ron Gonzales, who will attend the ceremony with other local and state officials. The City Council had earlier voted unanimously in opposition to the plant, for reasons of inconsistencies with zoning rules. Gonzales had announced his opposition to having a plant near residential areas for a full year. The California Energy Commission's support of the plant, which based its assessment on the San Jose area's being "among the most generation deficient areas in the state," brought a reversal from the Council and Gonzales.

The gas-fired Metcalf Energy Center will be implemented as a combined-cycle configuration with advanced emission controls. It received an endorsement from the Loma Prieta Chapter of the Sierra Club, and is expected to begin producing baseload power in the summer of 2004.
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