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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

New Long-term Power Supply Secured by Hydro-Quebec

LCG, Oct. 4, 2002--Hydro-Quebec today announced it had selected a bid from two companies to supply 1,200 megawatts of power over a twenty-year period, starting in 2007.

The selections by the utility, worth C$6 billion ($3.76 billion US), will require approval by the Quebec Energy Board, and are due to be followed next year by requests for further supply offers. The agreements would be signed with Groupe Axor Inc. and Calpine Canada Power Corp., which together will operate a gas-fired generating unit in Varennes, close to Montreal.

Hydro-Quebec is also prepared to generate power at its Robert-Bourassa LG-2 generator, a baseload unit, and the LG-1 unit, which will be dispatchable. The utility's sales of power are 156 Twh in the current year, and are scheduled to grow to 165 TWh by 2005. "We will need 1.2 to 1.3 terawatt hours more of electricity per year as of 2006," commented Yves Filion, the president of Hyddro-Quebec's distribution unit.
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