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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

NRC Issues EIS for NRG's Proposed Nuclear Units in Texas

LCG, March 4, 2011--The United States Nuclear Regulatory Commission (NRC) issued Wednesday a favorable final environmental impact statement (EIS) for building two new Advanced Boiling Water Reactors (ABWRs) at the South Texas Project, an existing nuclear station located approximately 90 miles southwest of Houston.

Nuclear Innovation North America (NINA), a partnership between NRG and Toshiba Corp., applied for the permits in late 2007. The proposed new reactors must still clear a number of regulatory hurdles, including the review by the independent Advisory Committee on Reactor Safeguards, a final safety evaluation report by NRC staff and a final decision by the 5-member commission. NINA plans to receive a construction license in 2012 and commence operations of the two units in 2016 and 2017, respectively.

The South Texas Project (STP) Nuclear Operating Company, which currently operates units 1 and 2, will also operate the new 1,350-MW units. Units 1 and 2 are 1,410-MW pressurized water reactors that commenced operations in the late 1980s.

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