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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

GE Generator Unit Scales Back Capacity

LCG, July 26, 2002--Based on its forecast of a decrease of 80% in orders for and production of gas turbines, GE Power Systems will reduce its workforce by 2,500 over the next nine months.

Power Systems' president and chief executive officer John Rice said, "We have always made it clear that, after several years of exceptional growth, our turbine business woud at some point return to more normal order levels, and it is."

Some manufacturing that had been based in Pensacola, Fla., will move to Schenectady. A type of wind turbine blade will be produced there for the Wind Energy business.

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