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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

Winter Storm Cuts Power to Southeastern States

LCG, Feb. 28, 2003--Snow and freezing rain that fell yesterday in part of North Carolina and Virginia caused power outages affecting nearly 400,000 people through this morning.

The process of restoring power is being counteracted by the storm's continuation into today, with roads and power lines becoming coated in a thick layer of ice. Temperatures remained below freezing as the rain fell. Most of the customers who have lost power are in northern North Carolina, with about one-third of those in Winston-Salem.

"We've got a generator to power the radios and dispatch equipment, but that's about it," Jimmy Flythe, a district manager for public and business relations with Duke Power, told Dow Jones Newswires from an operations center in Lewsville, N.C.. Last night, Winston-Salem's Adam's Mark Winston Plaza Hotel was full to capacity, with over 600 rooms occupied.

Despite the severity of the storm, it has not affected as large an area as did a storm in December, which caused outages to 2 million customers, largely in the Carolinas.
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