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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

Texas Poised to Invest $4.93 Billion in Transmission System Expansion for Wind Power

LCG, July 18, 2008--The Public Utility Commission (PUC) of Texas yesterday chose an electric transmission system expansion scenario that will enable the development of 18,456 MW of wind farms located in remote areas in West Texas and the Texas Panhandle. The PUC was directed by Senate Bill 20 to create a transmission plan that will increase transmission capacity to allow new wind power from remote areas to flow to load centers in Texas.

The Electric Reliability Council of Texas (ERCOT) on April 2 filed five alternative electric transmission expansion plans with the PUC, ranging from 12,053 MW to 24,419 MW of assumed new wind generation installed in the most productive wind zones in Texas. The estimated cost for the selected scenario is $4.93 billion, and the new transmission facilities are planned to be installed within four to five years.

Proponents of the expansion expect reduced emissions from power plants consuming fossil fuels and additional jobs in many areas. Opponents stated that the capital costs - which approach $5 billion - should be borne by the power generation developers that will benefit from the expansion, rather than borne just by consumers.
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