LS Power

The Federal Energy Regulatory Commission (FERC) has signed off on NRG Energy’s plan to acquire nearly 13 GW of natural gas-fired power generation. The agency on November 13 said it supports Houston, Texas-based NRG’s $12-billion deal with New York-based LS Power for capacity in the PJM market territory.

A leading developer of North American power and energy infrastructure projects said it has an agreement to acquire several U.S. onshore wind farms from a UK-based energy group. LS Power and bp Wind Energy North America announced the deal on July 18. LS Power said the deal comprises about 1,700 MW of operating onshore wind […]

NRG Energy announced it would acquire 18 natural gas-fired power plants with 13 GW of generation capacity as part of a $12-billion cash-and-stock deal with LS Power.

Houston, Texas-based NRG on May 12 said the deal, expected to close in the first quarter of 2026, would double the group’s overall generation capacity portfolio to 25 GW. The gas-fired plants are located in the U.S. Northeast and Texas, the company said Monday.

LS Power, a development, investment, and operating company focused on the North American power and energy infrastructure sector, on March 14 announced it has applied to build about 700 MW of new generation supply as part of PJM’s Reliability Resource Initiative (RRI), which is designed to expedite connecting shovel-ready, high-reliability projects to the grid.

A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]

New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation in the ERCOT North region of Texas. The deal comes six months after a federal bankruptcy court judge approved Brazos’ reorganization plan, which includes a […]

NEW YORK, NY – November 15, 2022 – LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced it has reached an agreement to acquire 42 run-of-river hydro facilities across 11 states, totaling 334 MW, from Hull Street Energy. The acquisition is expected to […]

NEW YORK, New York (June 23, 2022) — LS Power today announced that it has reached an agreement with an affiliate of ArcLight Capital Partners, LLC to acquire the Rolling Hills natural gas-fired power plant in Wilkesville, Ohio. The 835-megawatt facility consists of five simple cycle “peaking” units located in the PJM Interconnection. The transaction is […]

Siemens Energy’s well established STATCOM technology (SVC PLUS®) has a proven track record in challenging environments like that posed by California’s climate with high seismicity and wind speed Dynamic reactive power support for substations allows for fast responding voltage support in case of system events and transmission outages. Siemens Energy announced today that it will […]

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along with a hydroelectric facility, to an equity group that specializes in energy investments. FirstEnergy this week said it had cut the price of the facilities […]

TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from TransCanada, while ArcLight Capital Partners will buy 13 hydropower facilities located in Vermont, New Hampshire, and Massachusetts. “The sale of our merchant U.S. Northeast Power […]

The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]