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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
Enron Neglected to Pay Any Income Tax 1996-1999
LCG, February 13, 2003-A Congressional report released today regarding the country's most infamous energy company revealed rampant tax code abuse.Enron Corporation apparently paid no federal income taxes from 1996 through 1999 and only $325 million in federal income taxes between 1990 and 1995. The company also paid just $63 million in federal income tax from 2000 to 2001.According to a statement by Democrat Senator Max Baucus of Montana, "Enron not only engaged in accounting gimmicks to boost stock prices, but Enron repeatedly abused the tax code."Congress's tax law analysts, in the form of the Joint Committee on Taxation, released 2,700 pages regarding Enron's tax returns. The Internal Revenue Service has also examined Enron's tax returns from 1989 through 1995 but is still going through more recent returns.No statement has yet been released as to how much Enron actually owes in taxes since the IRS is still examining paperwork and the bankruptcy court responsible for Enron's case needs to review any IRS claims.
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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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