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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

Assessments of Possible Carbon Restriction Impacts Promised by AEP, Cinergy

LCG, Feb. 19, 2004--Two major electric power producers with significant coal generation assets have announced that they will produce reports on planned steps to address global warming concerns, and will likely outline what they see as massive costs associated with such efforts.

In exchange for the promises for such disclosures by American Electric Power Co. (AEP) and Cinergy Corp., shareholder groups that had been prepared to submit resolutions to force such analyses have backed away from those initiatives. In the case of Cinergy, it will undertake its assessment with Mission Responsibility Through Investment Committee of the Presbyterian Church (USA), which had taken part in preparing a resolution. Cinergy and AEP have already pledged themselves to emission reduction targets with respect to a range of "greenhouse gases."

The shareholder groups are hoping that the reports (AEP plans to issue its findings in September 2004) will address operational objectives, possible competitive effects, and social pressures. A previous resolution undertaken at AEP that would have required the company to disclose its financial risk due to emissions-related legislation received just below 27% of votes cast in favor.
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