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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

Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

AP Solar Holdings, a partnership between Avondale Solar LLC and Plus Renewable Technologies, has been developing the solar project.

The photovoltaic project, called Charged Solar, is planned for Refugio County. Construction is expected to begin in the second half of 2021, and the project slated to be online by 2023.

It will be J-Power’s second U.S. renewable project. The company also is developing a 350 MW project in Wharton County, Texas.

Charged Solar is located about 120 miles south of Houston and will be able to deliver to both South and Houston Zones in ERCOT, according to AP Solar Holdings.


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LCG Consulting of Los Altos, California was commissioned by Rohit Ogra, Co-Founder of AP Solar, to perform an economic analysis to assess the plant performance and congestion risks using LCG’s proprietary UPLAN Network Power Model and PLATO data model for ERCOT.
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