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News
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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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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
Enron Treasurer Helping Federal Investigators
LCG, Feb. 26, 2002--A former treasurer at Enron who played a crucial role in setting up off-balance-sheet partnerships has been discussing his knowledge of related transactions with federal prosecutors.Ben F. Glisan Jr. is under criminal investigation, and according to people familiar with the situation, may or may not be offered a deal of lesser charges or immunity in return for information provided. Glisan helped to structure Raptor partnerships, which the then-chief financial officer Andrew Fastow used to move debt off of Enron's books. He also provided "transaction support" for a partnership known as "Chewco." A request was made by Enron's board in October for Glisan to explain accounting issues relating to that partnership. A later committee report ordered by the board concluded that Glisan was most likely aware that Chewco did not operate independently of Enron, in compliance with company standards.Investigative subcommittees within Congress have not called Glisan to testify because the strength of a Justice Department criminal case would be weakened by his appearance before legislators, even if he simply invoked his Fifth Amendment rights against self-incrimination.The willingness of Glisan to take part in dialogue with federal officials is likely due to the advice of his attorney, Henry F. Schuelke 3rd, who is reputed by other lawyers to see some value in cooperation with criminal inquiries when it may offer more to a client than battling prosecutors.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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