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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

Plants in PJM to Be Retired by Reliant Resources

LCG, Feb. 12, 2004--A group of generating plants in the Pennsylvania-Jersey-Maryland Interconnection that were first brought into operation in the early 1970's may be either retired or mothballed, according to Reliant Resources Inc.

The amount of capacity that could be taken out of operation totals 622 megawatts, although Reliant Resources plans to obtain approval from regulators and grid managers prior to taking any action. Among the units that could be affected are the Wayne combustion turbine, which is under consideration for retirement, and the Warren, Shawnee and Blossburg units in Pennsylvania, as well as the New Jersey-based Glen Gardner, Werner and Gilbert generating units. Other than the Wayne turbine, the units are likely to be mothballed.

Marginal peaking capacity of 470 megawatts could also be retired or mothballed, if the company finds that market conditions warrant such steps.
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