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News
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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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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
Duke Proposes Settlement with Carolinas Over Regulated Profits
LCG, Oct. 25, 2002--Profits earned by Duke Energy Corp. through its regulated operations were understated to regulators by $123.6 million from 1998 through 2000, according to a report by auditor Grant Thornton LLP.According to the auditor, Duke represented its rate of return to the North Carolina Utilities Commission and the South Carolina Public Service Commission (PSC) as lower than that it reported in financial statements to the investment community or the Securities and Exchange Commission. The report, for which information was sought beginning in January, found that accounting entries which lowered pretax operating income were "contrary to applicable accounting practices, industry practices and Duke's past practices."Duke has said that Grant Thornton's analysis of accounting adjustments and changes "inappropriately characterizes the business process followed, the accounting decisions made and the intent of our employees." It has said that even if accounting entires cited in the report are taken into consideration, the company's rate of return was not far different from that allowed by North Carolina.Duke has proposed a settlement with the public utility commissions of North Carolina and South Carolina, including a $19 million charge for the fourth quarter. The proposal will be considered early next week by the two state commissions.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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