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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

Accusations Impel Energy America to Change Marketing

LCG, May 6, 2002-Accused of using illegal marketing tactics to sell natural gas door-to-door, Michigan's Energy America will change its marketing program.

Having negotiated with the company since March, Michigan Attorney General Jennifer M. Granholm expects Energy America to change its marketing techniques. She contends that the marketing practices used by Energy America violate Michigan law and mislead consumers.

The company has not entered any formal agreement with the Attorney General but has publicized its intent to suspend door-to-door marketing. Outstanding consumer complaints and refunds to wronged customers are still awaiting resolution.

Michiganders entered into a gas choice program in 1998, and since then the office of the Attorney General has received over 675 complaints against Energy America. After increased complaints in 1999 Granholm required the use of a confirmation system so that new Energy America customers were officially notified of a switch in natural gas service.

Recently the complaints have increased again, 130 so far this year. The company contracts out door-to-door sales, sending an independent company to sell its natural gas. Complaints include forgery of customer's signatures on documents changing gas service and failure to disclose the company for which the contracted salesmen work.

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