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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
Bankruptcy Court Tentatively Approves PG&E Utility Disclosure
LCG, July 31, 2003Yesterday a federal bankruptcy judge conditionally approved Pacific Gas & Electric utilitys most recent disclosure regarding its reorganization plan. Pacific Gas & Electric Company, a subsidiary of the PG&E Corporation, filed for bankruptcy protection in April of 2001. The company could not match the high cost of wholesale power with controlled retail prices.Since that time, the court, creditors and the California Public Utilities Commission (PUC) have endeavored to come up with a reasonable reorganization plan for the utility. Pacific Gas & Electric wanted to split its assets into several companies, most of which would fall outside of Californias control. The PUC believed that the utility should stay in-state while emerging from court protection. California regulators and the utility came to an agreement last month over the companys reorganization, and now the court has conditionally approved the most recent disclosure statement describing the plan. The conditional approval is expected to be finalized this week as language in the disclosure needs minor additions, according to Pacific Gas & Electric spokesperson Ron Low. After approval, the plan will be sent to the utilitys creditors for a vote, conducted between August 15 and September 29. According to the latest version of the possible reorganization, the utility will meet its obligations by using money from retail electricity rates and by doing without dividends. Regulators, the PG&E Corporation, and the utility will all have to approve the plan before it can be made official. Public hearings will be held prior to the PUCs approval, and approval has to come before the end of the year for the settlement to remain viable. The utility has roughly $12 billion of debt, $3 billion of which it has already made in profit since April 2001 because its retail rates are higher than current wholesale prices.
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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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