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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

Presidential Permit Issued for Montana Alberta Tie Ltd. Project

LCG, November 18, 2008-- Tonbridge Power Inc. yesterday announced that the Department of Energy (DOE) and the Office of Electricity Delivery and Energy Reliability (OE) published its Record of Decision to issue a Presidential Permit for the proposed Montana Alberta Tie Ltd. (MATL) transmission line project that will provide the first, direct link from Alberta to electricity markets in the United States.

The Presidential Permit allows MATL to construct, operate, maintain and connect a single-circuit, 230-kV electric transmission line along the preferred alternative route identified in the EIS. According to Tonbridge, the Presidential Permit is the last and final regulatory approval required by MATL to build the power transmission line.

The international line will extend northward from an existing NorthWestern Energy (NWE) 230-kV switchyard at Great Falls, Montana to a new substation to be constructed northeast of Lethbridge, Alberta, Canada. The new line is expected to enhance the development of wind farms along its route. Approximately 130 miles of the 203-mile long transmission line will be built in the United States.

When the project is complete, the line will have a bidirectional path rating of 300 MW. Two "Open Season" capacity auctions occurred for this merchant power transmission project, and 300 MW of northbound and 300 MW of southbound capacity were awarded. The line has a physical capacity of 650 MW to enable future capacity upgrades.

Tonbridge Power is the 100% controlling shareholder of the project.
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