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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

Nevada Solar One Project Delivers Power to Grid

LCG, June 8, 2007--Acciona Solar Power announced yesterday that its Nevada Solar One project has commenced operations and is delivering power to the grid. All of the power from the 64-MW plant will be purchased by Nevada Power Company and Sierra Pacific Power Company under long-term power purchase agreements (PPAs).

In contrast to a photovoltaic energy conversion process that creates electricity via a chemical reaction between sunlight and a thin film, the Nevada Solar One project uses large-scale, parabolic trough technology to focus the energy from the sun to heat liquid, typically oil, which in turn is used to heat water to create steam. The steam powers a traditional turbine to generate power. The facility is now one of the largest solar power plants in the world.

Mirrors for the facility cover 400 acres in the Eldorado Valley. The project was constructed over a 16-month period and cost over $250 million. Commercial operations are scheduled to commence within a week.
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