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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

Florida PSC Gives Green Light to FPL's New Solar Facilities

LCG, July 17, 2008--The Florida Public Service Commission (PSC) Tuesday approved three solar energy projects proposed by Florida Power & Light Company (FPL). The projects include the world's largest photovoltaic solar system and the first hybrid energy system that combines solar thermal technology with an existing natural gas combined-cycle generation unit.

The projects are a step toward implementing the renewable energy goals approved by Governor Crist earlier this year.

FPL has plans for two solar photovoltaic facilities that will have a combined electric generating capacity of 35 MW. Earlier this month, SunPower Corporation announced that it was selected by FPL to design and build the facilities that will incorporate SunPower photovoltaic panels.

In DeSoto County, Florida, a 25-MW solar photovoltaic facility will be built that includes the installation of the SunPower Tracker system that follows the sun to increase electric generation from the panels. A 10-MW project will be constructed at the Kennedy Space Center. Both projects will be owned, operated and maintained by FPL.

The DeSoto project is scheduled to commence operations by December 2009, and the Kennedy Space Center is scheduled to commence operations by the first quarter of 2010. SunEdison will develop, finance, build, operate, monitor and maintain the solar farms.

The hybrid project will be at FPL's existing Martin Plant site. The Martin Next Generation Solar Energy Center will incorporate a design that will, when solar power is available, use energy from the sun to generate steam as a substitute for burning natural gas in a combined-cycle steam turbine system. The design will provide for as much as 75 MW of solar power and is expected to be the first such hybrid system in the world. The hybrid system is planned to commence operations by the end of 2009.
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