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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

Power Outages Follow Ice STorm

LCG, Apr. 7, 2003--Power service to over 200,000 electric power customers was cut off after a weekend storm left snow and ice in the upper Midwest, upstate New YOrk, and northern New England.

Michigan had 170,000 customers who experienced outages, while 100,00 were without power in New York state. Most of the outages were due to a coating of ice that weighed down and felled trees or branches, bringing down lines.

Utility crews have restored some of the outages, although on Monday morning, 11,000 out of 80,000 customers of Rochester Gas & Electric (a New York utility) who had lost power had had it restored. A second storm was forecast for the Northest and mid-Atlantic states today, and could result in 6 to 10 inches of snow.
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