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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

Minnesota Utility's New Plant Operating

LCG, July 3, 2002--Rochester Public Utilities brought a set of jet turbine generators into operation last week, bringing 50 megawatts online in the Minnesota town.

The plant is located at the Cascade Creek Substation on Rochester's west side. It is expected that growth in residential and commercial demand could lead to municipal peak demand equivalent to the entire output of the new plant as well as the 216 megawatts RPU buys under contract from Southern Minnesota Municipal Power Agency, a cooperative.

The turbines, which are designed to run either on natural gas or diesel fuel, will provide Rochester up to 30 megawatts for its own use, as 20 megawatts has been sold under contract to Central Minnesota Municipal Power Agency. An older, 32-megawatt turbine at the same site that has been operating for 27 years was converted to be able to run on natural gas as well as diesel fuel. RPU will sell any surplus power on the open market.
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