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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

California PUC Approves PG&E's Contract to Purchase Wind Power

LCG, August 26, 2005--Pacific Gas and Electric Company (PG&E) announced yesterday that its long-term contract to purchase up to 75 MW of wind energy from PPM Energy's Shiloh I Wind Project in Solano County was approved by the California Public Utilities Commission (CPUC).

PG&E states that, with the newly approved agreement, it has met its annual goal to increase its renewable purchases by a minimum of 1% of retail load. Earlier this month, PG&E issued its third Request for Offers (RFO) to solicit renewable energy pursuant to the State of California Renewable Portfolio Standard (RPS) program.

The State of California's Renewables Portfolio Standard (RPS) Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal.

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