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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

Kendall Square Generating Units Could Be Shut Down

LCG, Apr. 12, 2004--Two generators capable of producing a combined 284 megawatts at the Kendall Square power plant in Massachusetts may be shut down by owner Mirant Corp.

Mirant spokesman Loue Friscoe said that the generators are not economically viable, due to their infrequent operation. Mirant, which is bankrupt, hopes to gain approval for shutting down the Kendall Square units from regulators. It would take the units off-line in October, but keep two jet fuel-burning generators that produce 20 megawatts each operating. Those units could produce power as well as steam for local commercial use.
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