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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

Springfield Citizens Vote Down New Power Plant

LCG, August 4, 2004--In an unusual set-back for a municipal power provider, voters in Springfield, Missouri yesterday voted down a new, coal-fired power plant proposed by City Utilities of Springfield (CU). The 300-MW plant was estimated to cost $578.5 million and was proposed to meet Springfield's growing demands for power, which CU officials forecast will exceed CU's supplies by 2007 or 2008.

The vote was 19,587 for and 21,073 against the plant, with all Greene County precincts reporting. Voters were deciding whether to accept a 16 percent electric rate increase spread over four years to help pay for the new, Southwest 2 plant. Door-to-door campaigning was heavy, with labor union members and the Springfield Area Chamber of Commerce supporting the plant. Opponents of the proposed plant included Rate Payers for Affordable Utilities, who questioned the need. CU was not allowed to campaign directly.

With the proposed plant rejected, CU will need to develop a new plan acceptable to its citizens to serve the growing power demands of the area.

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