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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

Florida PSC Approves Energy Contract for Biomass Power Plant

LCG, February 13, 2008--The Florida Public Service Commission (FPSC) yesterday approved a second, 20-year, power purchase agreement (PPA) between Progress Energy Florida (Progress) and BG&E Florida (BG&E) for firm capacity and energy from a planned power plant that will be fueled by biomass. BG&E will operate the power plant as a Qualifying Facility ("QF") pursuant to regulations of the FPSC.

The plant electric generating capacity will be 75 MW, and the fuel will include waste wood products such as yard trimmings, tree bark and wood knots from paper mills. The project is scheduled to commence operations by June 1, 2011. BG&E will build, own and operate the facility.

The FPSC approved a PPA between Progress and BG&E for a similar biomass power plant in November of last year. Operations for this plant are scheduled to commence by January 1, 2011. The initial facility will also have a maximum generating capability 75 MW and use a gasified biomass product as its primary fuel.
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