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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

Ontario Power Generation Plans to Convert Coal Plant to Biomass

LCG, July 25, 2012--Ontario Power Generation (OPG) recently announced plans to proceed with converting the 211-MW Atikokan Generating Station from coal to renewable biomass fuel. The $170-million conversion project is scheduled to be complete in 2014.

The Ontario provincial government, as part of its clean energy plan, committed to stop burning coal in electric generating stations by the end of 2014 in order to reduce emissions, including greenhouse gas (GHG) emissions.

The Atikokan Generating Station, located in northwestern Ontario, will be one of the largest biomass plants in North America. The renewable energy facility will consume wood pellets made from sawmill residues and other low-value biomass from Ontario's forests. The fuel conversion project will include a new fuel storage and handling system, plus modifications to the combustion system, as the unit will consume only biomass. The unit previously burned low-sulphur lignite coal.

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