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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

NRG Buys, Will Expand, Delaware Cogen Plant

LCG, Aug. 28, 2000--NRG Energy Inc. said on Friday that its NRG Thermal Corp. subsidiary has purchased a cogeneration facility located in Dover, Del., from Statoil Energy Inc. and has changed the facilitys name to NRG Energy Center Dover.

NRG also said it would expand the 18 megawatt power output of the coal-fired plant by adding 88 megawatts of peaking power in the form of natural gas-fueled gas turbines operating in simple cycle. That power will be sold during periods of high demand into the regional wholesale market.

Heretofore, the Energy Center has produced 190,000 pounds of steam per hour as well as electricity for a Dover manufacturer.

"We are pleased to help our current steam customer remain a strong manufacturing plant in a highly competitive market," said Michael R. Carroll, president of NRG Thermal.

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