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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

Austria Blocks Talks on Czech EU Membership

LCG, Nov. 16, 2000--Austria has withheld agreement with its European Union partners on an energy sector agenda for discussion with the Czech Republic in its application for EU membership, effectively blocking talks scheduled for today because the EU was left without a common position to present to the Prague government.

Thus Austrian Chancellor Wolfgang Schssel has made good on his threat to stall the Czech application for EU membership if Prague went ahead with its nuclear power plant in Temelin, about 35 miles from the Czech-Austrian border.

Diplomats in Brussels said Austria's 14 EU partners thought Schssel was going too far in tying the nuclear issue to membership of the Czech Republic but Austria has remained intransigent. "There was no point in holding the meeting without agreement among the members," one source said.

The Temelin nuclear plant is of Soviet design but control, safety and fuel systems have been brought up to Western standards by Westinghouse Electric Co. of the U.S. Nevertheless, Austria has insisted the reactor, now at 2.5 percent of power and holding for tests, be shut down until additional safety studies are carried out.

Czech officials believe that there would be no end to the "additional safety studies" were they to accede to Schssel's wishes, and have accused the Austrian chancellor of meddling in the internal affairs of the Czech Republic.

Membership talks on the energy sector were to go ahead today with other applicants for membership in the EU. Those states are Bulgaria, Cyprus, Hungary, Lithuania and Malta.

It may be a stretch to consider Cyprus and Malta as European, though it was the Bishop of Malta who, in about 375 A.D. coined the phrase "Si fueris Romae, Romano vivito more," or "When in Rome, live as do the Romans."

The Czechs might be forgiven for asking Viennese to keep their nuclear fears in Vienna.

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