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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

Nuclear Regulators Ask Plants Be Inspected for Corrosion

LCG, February 25, 2003The Nuclear Regulatory Agency issued new inspection regulations earlier this month and has restated its intentions regarding plant safety.

Ever since the Davis-Besse plant in Ohio was found to be suffering from nozzle cracks and a hole through its reactor cap from boric acid-related corrosion, NRC has been talking about tougher regulations. The agency issued new rules on the 11th of February, stating that all 60 pressurized water reactors must use chemical or ultrasonic tests to check for cracks and leaks.

The new tests will have to be done at each refueling outage for the most vulnerable reactors.

Initially NRC requested that the reactors be inspected more thoroughly, but when owners said they would run the test once and wait for additional orders, NRC went ahead in mandating inspections, although owners will be allowed to apply for some amount of inspection leeway.

NRC has asked the American Society of Mechanical Engineers to back a permanent rule on inspections but may have to wait several years for this support.

Some reactors have had newer nickel alloy components substituted in, but NRC has said that this substitution does not exempt reactors from inspections as the alloy is too new to be proven as corrosion-resistant.

Radiation from nuclear plant materials and acidic conditions often make metals more susceptible to corrosion, and NRC officials have said that greater focus will be placed on the boric acid in reactors.
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