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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

U.S. Energy Secretary Voices Natural Gas Concerns

LCG, May 19, 2003-- U.S. Secretary of Energy Spencer Abraham has decided to call a meeting regarding how to increase the nation's natural gas supply.

On Friday Abraham told the National Petroleum Council to expect a meeting this June. Discussion will be aimed at strategies to maximize short term natural gas supply during the summer.

He noted that gas supplies are especially tight because of a long, cold winter in the East, lowered domestic gas production, and decreased importation. According to him, U.S. gas supply is half 2002's and 42 percent less than the average supply over the last five years.

While the Bush administration expects help from the National Petroleum Council, an advisory panel constructed by the government, Abraham did not comment on what particular actions the administration was investigating in order to remedy the short supply.

The National Petroleum Council was established in 1946 and consists of roughly 175 industry and non-industry people from many aspects of the oil and gas market. The Council's members, appointed by the Secretary of Energy, prepare reports on energy as requested by the Secretary of Energy. NPC's website is http://www.npc.org.

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