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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

Operations Begin at North America's Largest Solar Power Plant

LCG, December 18, 2007--The U.S. Air Force announced yesterday that operations commenced for a solar photovoltaic system in Nevada that is capable of generating 14 MW. Nevada Power Company will purchase the Renewable Energy Credits (RECs) associated with the facility.

The solar project is located at Nellis Air Force Base and covers 140 acres. SunPower Corporation designed and built the facility employing its proprietary T20, single-axis solar tracking system to track the sun. The project incorporates 72,000 solar panels.

The Air Force stated that the facility is now North America's largest solar photovoltaic system, and Sierra Pacific Resources, parent company of Nevada Power, stated that Nevada now is number one in the United States in solar generation per capita.

Nevada enacted a renewable portfolio standard (RPS) in 1997, which requires the state's two investor-owned utilities to use renewable energy to supply a minimum percentage of the total electricity they sell. The annual renewable targets increase, with the target in 2015 equal to 20% of retail sales. Furthermore, a minimum of 5% of the standard must be associated with solar energy systems.
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