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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

FPL Completes New York City Peaker

LCG, July 8, 2002--A new peaking plant developed by FPL Energy has started selling power to the Long Island Power Authority (LIPA) from the Rockaway Peninsula, just east of the New York City borough of Brooklyn.

The gas-fired Bayswater Energy Center has an installed capacity of 54 megawatts, with construction having begun in December 2001. FPL Energy president Ron Green said, "We're pleased that the Bayswater Energy Center is now fully operational and able to support LIPA's energy needs for the Rockaways just in time to meet increased demand this summer." The plant's output is under long-term contract.

The Rockaway Peninsula is connected by the Cross Bay Veterans Memorial Bridge to the rest of the Queens borough. Cross Bay Boulevard, on the northern span, enters the marshes of Jamaica Bay, which were first developed for residential and recreational use in 1939. An alternative plan would have made the area a huge industrial port.
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