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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

Xcel Expands Plans for Wind Power in Minnesota

LCG, February 2, 2007--Xcel Energy announced earlier this week its plan to construct its first wind farm in Minnesota. The wind project is estimated to cost $210 million and scheduled to be complete by 2009. The new facility would have an electric generating capacity of 100 MW.

Xcel Energy's use of wind power in Minnesota took another step forward last month when it was announced that project financing for the Fenton Wind Energy Project, a 205-MW project under construction in Minnesota, was complete and that energy from the project is to be sold to Northern States Power, a subsidiary of Xcel Energy. The power output will be purchased under a 25-year agreement. The facility includes 137 GE wind turbines, each with a capacity of 1.5 MW, and is scheduled to start commercial operations in the second half of this year. enXco, Inc. is the developer of the Fenton Wind Energy Project.
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