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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

Simply-Cycle Plant Running in New Mexico

LCG, June 27, 2002--A new gas-fired power plant in Lordsburg, New Mexico, has been brought into full operation, owner PNM Resources announced.

The plant, which is near New Mexico's southwestern border with Arizona, will be under contract to provide 32 MW of power to Texas-New Mexico Power in 2002. From 2003 to 2006, the contract terms call for the sale of 100 MW annually. The facility was designed with a capacity of 120 MW.

PNM Resources is a holding company for subsidiary Public Service Company of New Mexico, a utility providing electricity and natural gas to 1.3 million people in New Mexico. PNM is a seller of wholesale power in the Western U.S. Another PNM plant now under construction and scheduled to begin operations in September is the Afton Generating Station near Las Cruces. Afton will have a capacity of 135 MW.
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