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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

New Mexico Says It is Bypassed in Nuclear Waste Discussions

LCG, Feb. 17, 2004--Officials at the Department of Energy (DOE) have apparently contacted high-level officials of states where nuclear waste from aging weapons factories is located, but according to New Mexico authorities, have not opened communication with them, although the department had discussed shipping waste into the state prior to the opening of a facility at Nevada's Yucca Mountain.

A spokesman for the DOE, Joe Davis, confirmed discussions have taken place in an interview with the Albuquerque Journal. A federal judge cited current law last summer in ruling that "high-level waste" in Washington state, Idaho and South Carolina could not be shipped to the Waste Isolation Pilot Plant for nuclear waste, near Carlsbad. New Mexico Environment Secretary Ron Curry believes that the DOE is excluding New Mexico from current talks in order to "divide and conquer". Curry thinks the agency hopes to change the law by working through the governors of the states with the waste.

The DOE's Davis said that the agency does plan on another attempt this year at mounting a legislative strategy to revise the law. New Mexico is in the middle of changing the Waste Isolation Pilot Plant's permit, in order to exclude the nuclear "sludge".
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