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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

Turlock Irrigation District Enters Power Purchase Agreement with SunPower for 54-MW Solar PV Project in California

LCG, November 12, 2015-Turlock Irrigation District (TID) and SunPower announced yesterday a 20-year power purchase agreement (PPA) for energy generated from the Rosamond Solar site in Kern County, California. SunPower expects to begin construction this month on the 54-MW (AC) solar photovoltaic (PV) project, which is scheduled to commence operations by the end of next year.

The TID board of directors approved the solar power purchase earlier in March of this year, following a comprehensive bidding and study process.

TID's general manager stated, "This power purchase agreement puts TID on a clear path to meet both current and future RPS obligations and clean climate goals, as well as continuing a long standing commitment to a diverse and reliable mix of generation resources to serve TID customers. While asset ownership has been the approach for nearly all of TID's other power generation facilities, this long-term power purchase agreement is competitively priced with conventional energy sources and will also allow the district to benefit indirectly from federal tax incentives set to be reduced at the end of 2016."

California's landmark legislation SB 350, which was signed into law last month, raises the renewables goal for California from a renewables portfolio standard (RPS) target of 33 percent renewable energy in 2020 to 50 percent in 2030.

SunPower will design and install SunPower Oasis Power Plant systems. The technology includes SunPower's proprietary robotic solar panel cleaning capability that uses 75 percent less water than traditional cleaning methods and can help improve system performance. SunPower may expand the Rosamond Solar site to provide up to 300 MW of solar capacity.
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