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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

Duke Announces It Did Not Participate in Enron Strategies, Dynegy Rewrites 2001 Revenues

LCG, May 17, 2002-The Federal Energy Regulatory Commission ordered energy companies to hold onto trading records and state whether or not they participated in certain trading strategies, and the some of the most recent companies to respond are Duke and Dynegy.

Duke Energy asserted today that it did not participate in any of the twelve strategies outlined in the Enron memos released last week. The company said that it looked over trading from 1999 to 2001 and that under 1 percent of trades and revenues were from such trades, adding that those falling in that less-than-1-percent were conducted to ensure real-time prices, not increase volume.

Meanwhile, Dynegy, which is under formal investigation by the Securities and Exchange Commission, has revised its 2001 net income by 12 percent after a tax benefit, related to a natural gas transaction, came under review.

Baltimore-based Constellation Energy Group also announced yesterday that it did not participate in trading volume inflation and that it never had any goals to trade in high volume.

Last week and early this week energy companies Reliant Resources and CMS Energy Corp. said they did participate in "round-trip" trading in order to increase trading volume.

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