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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

Construction Begins at Tyr Energy's Hickory Run Energy Center

LCG, August 24, 2017--Tyr Energy, Inc., Kansai Electric Power Co., Inc. (Kansai) and Siemens Financial Services, Inc. (Siemens) announced Monday that they have started the construction of the Hickory Run Energy Center, LLC Power Plant, located approximately 45 miles northwest of Pittsburgh, Pennsylvania. The 1,000-MW, gas-fired project is scheduled to achieve a commercial operation date in April 2020.

The Hickory Run Energy Center will be a combined-cycle energy facility. The project includes two Siemens SGT6-8000H gas turbine generators, two heat recovery steam generators (HRSGs), and a Siemens steam turbine generator. The plant is expected to cost approximately $915 million.

The project is well-located among the Marcellus and Utica natural gas production areas, with access to Tennessee Gas Pipeline Zone 4. The power generated by the project will be delivered into the PJM Interconnection.

Tyr Energy, LLC will provide all asset management services upon commercial operations and NAES Corporation (NAES), a Tyr affiliate, will provide operations and maintenance (O&M) to the project.

The project was originally developed by an affiliate of LS Power Associates, LP.
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