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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

German Energy Bid May Be Ruled Monopolistic

LCG, May 21, 2002-Germany's E.On wants to buy the majority stake in gas distributor Ruhrgas, but German officials fear the move may threaten competition.

E.On already sits in a dominant position in the gas and electricity market, and experts fear that if the company is allowed to take over Ruhrgas, competition may become significantly compromised. The German Cartel Office has ruled against the sale, finding it monopolistic.

E.On says the takeover will initiate new jobs and ensure gas supply without endangering the free market. The company would realize a majority stake by purchasing from BP and Bergemann GmbH.

The Ministry of Economics will rule whether or not to overturn the Cartel Office decision by an unspecified date in July.

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