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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

Accountant Sues Over Treatment after Whistleblowing

LCG, May 22, 2003-Duke Power Company accountant Barron Stone filed a lawsuit yesterday, alleging the company acted illegally in its treatment of him after he called regulators to complain about the company's ethics.

Stone filed the $2.5 million suit in U.S. District Court in Charlotte, North Carolina.

Two years ago, Stone notified South Carolina regulators and Duke's ethics hotline that he believed Duke Power was making less than legal changes to accounts in order to avoid cutting retail electricity rates.

Stone claims that the company retaliated for his actions by demoting him and harassing him.

Earlier this year the U.S. Department of Labor threw out his claims. In March, the Occupational Safety and Health Administration ruled that there was no indication of management retaliation.

Stone's actions regarding the possible ethics violations brought about a $25 million settlement between utility Duke Power and South Carolina regulators.

Stone is a senior forecast analyst. He is also seeking the reinstatement of his former job.

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