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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

Another NYC Plant Catches Fire

LCG, July 30, 2002-The transformer at the 1,254 MW Astoria power station, owned by Reliant Resources, caught fire on Monday night at about 11:30.

The second transformer fire in New York City this month initially caused safety systems at the plant to shut down two generating units, although eventually all four units went off line. 5,000 Consolidated Edison customers lost electricity service for a few hours.

Electricity demand is expected to be very high in New York City this week because of high temperatures, and plant operators managed to bring all four units back on line in time for the afternoon's peak demand.

No injuries were reported, and a small amount of oil leaked into the East River.

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