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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

GE Hitachi Nuclear Energy's ESBWR Passes Safety Review

LCG, October 28, 2010--GE Hitachi Nuclear Energy (GEH) Tuesday announced that its Economic Simplified Boiling Water Reactor (ESBWR) design passed a safety review conducted by an advisory committee for the U.S. Nuclear Regulatory Commission (NRC). With the successful review, GEH is now positioned to proceed with design certification. GEH estimates that final NRC certification for the "Generation III+" reactor model could occur by next fall.

GEH submitted the design for the 1,520-MW, ESBWR design to the NRC on August 24, 2005, and the NRC accepted the application on December 1, 2005. GEH states that the design incorporates passive safety features and simplified construction and operation.

GEH and DTE Energy are working together towards the possible development of an ESBWR project adjacent to DTE's existing Fermi 2 nuclear plant, located south of Detroit, Michigan. The NRC is currently reviewing the combined license (COL) application for the proposed Fermi Unit 3, which was submitted by Detroit Edison (a subsidiary of DTE) in September 2008. DTE has not yet made a decision to proceed with construction of the new reactor.
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