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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

PSEG Requests Permits for 750 Megawatt New York Plant

LCG, May 8, 2001--Public Service Enterprise Group Inc. said yesterday that an ad hoc subsidiary has filed permit applications in New York State for its proposed Bethlehem Energy Center, a 750 megawatt natural gas-fueled, combined-cycle power plant just south of Albany, N.Y.

The new plant will be built on the site of and replace the 400 megawatt Albany Stream Station PSEG acquired last year from Niagara Mohawk Power Corp. The primary fuel for that four-unit plant has been fuel oil.

PSEG said the new plant will not only produce nearly 90 percent more power, it will reduce emissions of sulphur dioxide and oxides of nitrogen by as much as 98 percent. It will also reduce use of Hudson River water by 98 percent to 99 percent.

The company said it expects to have the $400 million project commence commercial operation in late 2003 to mid-2004.

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