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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

CMS Energy Drops Speculative Trading Business

LCG, June 27, 2002--The utility holding company CMS Energy Corp. is reducing the size of its energy marketing unit, eliminating 50 positions as well as all speculative energy trading.

Other parts of the marketing business unit will be sold, including an energy performance contractor, CMS Viron, and the company's stake in Centennial Pipeline LLP, which deals in refined petroleum products. Asset sales have allowed CMS to raise $2.4 billion, out of a planned $2.9 billion.

CMS' energy trading division provided $7 million of $96 million overall net operating income during the first quarter, according to the company.
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