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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

Russia Will Continue With Iranian Nuke Project

LCG, July 29, 2002-Russia will build nuclear reactors in Iran, despite Bush administration opposition.

Russian construction of a nuclear plant near Bushehr has been delayed for years, and the Bush administration had repeatedly requested that Russia back out of its agreement to build the Gulf coast plant.

However, Prime Minister Mikhail M. Kasyanov approved plans for Iranian nuclear development last week. Long-term plans include building as many as 6 reactors at the Bushehr site and one other site. These plans contradict earlier assertions that Russian participation would end with the Bushehr plant.

Russia has an $800 million contract to build one reactor at the Bushehr site, signed in 1995, and over 1,000 Russian engineers and technicians are involved with the project.

U.S. officials fear that nuclear technology will be turned to military applications, and the new plans may stress relations between the Russian and U.S. governments.

Russia also plans to be involved in oil and gas development in Iran, including the construction of gas pipelines.

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