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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

Calpine to Develop 500 Megawatt Louisiana Plant

LCG, Jan. 29, 2001Calpine Corp. said Friday it had acquired from Cogentrix Corp. of North Carolina the development rights for a 500 megawatt merchant power plant to be built near Bogalusa, La.

Construction of the $300 million Washington Parish Energy Center is expected to being "shortly," Calpine said, and commercial operation is penciled in for mid-2002.

Diana Naylor Knox, a senior vice president of Calpine, said "We view Louisiana as a growth market, and this acquisition solidifies Calpine's position in the Louisiana wholesale market as well as the Southeastern Electricity Reliability Council."

Calpine said the plant will use two natural gas combustion turbines in combined cycle with a single steam turbine to produce 490 megawatts of base load power and will have the ability to ramp up to 577 megawatts during periods of peak demand.

Calpine said it will manage all aspects of project development including engineering and design, construction, fuel supply, operations and power marketing. The facility is expected to contribute more than $40 million in property taxes to Washington Parish over the life of the plant.

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