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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

Duke Energy North America Plans Three Merchant Plants

LCG, Jan. 14, 2002--Duke Energy North America has signed contracts with Duke/Fluor Daniel to design and construct three merchant generating plants worth a total of 2,420 megawatts of new capacity.

Jeff Faulk, president and chief executive officer of Duke/Fluor Daniel noted, "This brings our portfolio of active EPC projects to more than 16,000 megawatts of fossil-fueled power generation." The plants will be located in three disparate areas within the western states. The Luna Energy Facility will be located in Luna County N.M., and will have a nameplate capacity of 600 megawatts. In Grays Harbor County, Wash., the 620-megawatt Grays Harbor Energy Facility is planned. Moapa County, Nev., will be home to the 1,200-megawatt Moapa Energy Facility.

Each of the power plants will be a combined-cycle facility, fired by natural gas. Commercial operation of the plants, which will utilize eight General Electric-7FA combustion turbines, is expected starting in the summer of 2003.

Jim Donnell, president and chief executive officer of DENA commented that with Duke/Fluor Daniel's record, he believed that "these facilities will be providing competitively priced power to the western United States when demand peaks in the summer."

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