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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

CA PUC Allows 26 Percent Sierra Pacific Rate Increase

LCG, July 17, 2002-The California Public Utilities Commission has allowed Sierra Pacific Resources to increase rates to retail customers by 26 percent.

The rate increase is intended to pay for the cost of 2002 wholesale power, and Sierra Pacific was allowed an 18 percent increase to its Nevada customers in February.
Sierra Pacific Power, along with sister utility Nevada Power, has been trying to overcome financial problems brought on by high wholesale electricity prices.

Sierra Pacific serves 310,000 customers, 44,500 of whom live in California.

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