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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

Judge Dismisses Suit Against Cheney-Led Panel

LCG, Dec. 9, 2002--A lawsuit brought by David M. Walker, head of the General Accounting Office (GAO), against Vice-President Dick Cheney concerning communications which helped shape the Bush Administration's energy policy, was dismissed today by Judge John D. Bates in Federal District Court.

In bringing the lawsuit, Judge Bates said Walker did so without significant backing from Congress, which appointed him to lead the GAO, Congress' investigative arm and an agency widely perceived to be free from partisan biases. Bates found that such a suit would have to meet "especially rigorous" standards in order to be considered, since it would bring the judicial branch into a matter involving the constitutional separation of power between the executive and legislative branches.

Walker, who served under Republican presidents Reagan and the elder President Bush, said in February, "The GAO is not asking for information regarding conversations between administration officials, but between the White House and outside parties." His lawsuit arose after Cheney refused in 2001 to turn over to the GAO records of those present at meetings Cheney and his staff held with business leaders and others policy advisors. He said objections by Cheney that Walker was asking for "recommendations, deliberations, minutes or notes" were "misrepresentations."

The case may be appealed, possibly to the Supreme Court, and marks the first time that the 81-year-old agency has brought a lawsuit against the executive branch.
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