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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

France's Financial Minister Makes a Move Toward Privatization

LCG, July 17, 2002-The French Ministry of Finance has asked banks to advise on the sale of 13 state-owned companies, which include gas and electricity companies.

Prime Minister Jean-Pierre Raffarin made a promise to sell state assets, and in support of his assertion two tenders have been issued for banks for advice on privatization. Finance Minister Francis Mer hopes to see the process of privatization begin this August.

The first tender involves the sale of parts of gas giant Gaz de France and state electricity company Electricite de France.

The banks have until the end of this week to give gas and electricity privatization recommendations; the second tender, relevant to other state-owned companies, has a deadline of next week Monday.

Some French organizations have denounced the plans for privatization, including one of France's major trade unions, Confederation Generale du Travail, which asserts that the Ministry had not conducted proper consultations before going ahead with privatization.

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