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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

Rhode Island Combined-Cycle Near Completion

LCG, July 5, 2002--A combined-cycle generating plant now under construction in Johnston, R.I., should be ready to sell its output to the grid in the fourth quarter, according to developer FPL Energy, LLC.

The 535-megawatt Johnston plant, which is to run on natural gas, was originally planned by then-Houston Industries (now Reliant Energy) four years ago for operation in 2001. Since then, FPL Energy has taken over the project, and has announced the completion of $425 million in financing.

Production by the plant will be divided between contract and merchant sales within the New England Power Pool (NEPOOL).
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