EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Southern Power Announces Joint Development Agreement with RES to Install 3,000 MW of Wind Capacity

LCG, January 4, 2017--Southern Company subsidiary Southern Power Friday announced a joint development agreement with Renewable Energy Systems Americas Inc. (RES) to develop and construct wind farms across 10 projects totaling approximately 3,000 MW of new electric generating capacity. The commercial operation dates for the new capacity spans between 2018 and 2020.

Southern Power also announced that it has signed agreements to purchase wind turbine equipment from both Siemens and Vestas to support the planned installations.

Southern Power's President and CEO stated, "Southern Power has a long-standing history of partnering with major equipment manufacturers and developers while growing one of the nation's largest wholesale green energy portfolios. We now have priority access to a robust, visible development pipeline and a supply chain for turbines from two premier technology providers, reinforcing our focus on wind energy investments over the next several years."

The wind turbine equipment purchased from both Siemens and Vestas will be used to secure current tax benefits for the identified projects. RES will serve as the lead developer and balance-of-plant provider for the projects that are expected to use the equipment. This strategic arrangement allows for Southern Power to serve as co-developer for future projects.

As of December 22, 2016, Southern Power owns over 1,170 MW of wind generating capacity at seven facilities operating or under development in Maine, Oklahoma and Texas.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service