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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

Winston-Salem Plant on Drawing Board

LCG, July 2, 2002--CME North American Merchant Energy LLC last week announced plan to develop an 800-megawatt baseloaded, combined-cycle plant on the southern edge of Winston-Salem, N.C.

If air- and water-quality permits are granted, construction could begin near the end of 2003. Michael Casper, a site developer for CME, said "It is needed and with the shift from coal-fired to newer plants, it will benefit the area because there will be less emissions."

Construction would be expected to last from 18 to 24 months. The gas-fired plant would be sited within a 55-acre, industrial-zoned area.
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