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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

Proposed New York Underground Transmission Line Appears Dead

LCG, January 4, 2005--Conjunction LLC's proposal to the New York Power Authority (NYPA) to install a 125-mile, underground electric transmission line from the Athens Generating Station into New York City via the New York State Thruway is apparently no longer under consideration, according to Conjunction LLC Chief Executive Officer Steve Mitnick. Conjunction believes NYPA has turned its attention towards another transmission proposal submitted by PSE&G.

The transmission line proposal is in response to the planned shutdown in 2008 of a generating station in Queens. Conjunction filed its original proposal in November 2003 and filed an amended application in August 2004. The August proposal included constructing a 1,000 MW, predominately underground direct current (DC) line from NYPA's Gilboa-Leeds transmission line in Athens to the Consolidated Edison Company's Rainey substation in the Borough of Queens, New York City.

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