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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

Newsmakers

Green Mountain Power Corporation nominated Nordahl L. Brue chairman. Brue, who has served as company director since 1992, will take the place of Thomas P. Salmon, who has held the position for 19 years.

AES Corporation has selected Mark Fitzpatrick to serve as Chief Executive Officer of Electropaulo, a Brazilian energy distributor. Fitzpatrick previously served as Executive Vice President in charge of operations in Europe and Asia.

AES has also appointed Ann Murtlow President and Chief Executive Officer of Ipalco, an Indianapolis utility. She has served previously as Managing director of AES Horizons and was in charge of developments throughout Central and Eastern Europe.

PPL Generation has appointed Bryce L. Shriver to the post of senior vice president and chief nuclear officer. Shriver's addition to the company comes as Robert G. Byram retires from the position after serving for five years.

Reliant Resources Inc. has brought in Stephen Naeve to take the role previously played by Chairman and Chief Executive Officer Steve Ledbetter. Naeve will serve as company president, although Ledbetter will remain chairman and CEO.

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