About Us

LS Power is a power generation, transmission and investment group working
to bring forward energy solutions to power North America now and into the future.

Overview

Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri and California. We are a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States. Since our inception, we have developed, constructed, managed or acquired more than 32,000 MW of competitive power generation and 470 miles of transmission infrastructure, for which we have raised over $28 billion in debt and equity financing.

LS Power Development has successfully developed over 9,000 MW of power generation and 470 miles of long-distance, high-voltage transmission infrastructure throughout the United States, with a combined capital cost in excess of $7.8 billion. We identify the need for new power generation and transmission infrastructure and work with our customers, including investor-owned utilities, electric cooperatives, municipal utilities, and regional power pools, to sell competitively priced electricity on a wholesale basis.  

LS Power Equity Advisors is an established investment manager with $6.36 billion in equity capital raised across three private equity investment funds. Its focus is to acquire operating power generation assets and utilize our development, operations, power marketing and financial expertise to improve their commercial and physical operations. Since its 2005 inception, the private equity investment funds managed by LS Power Equity Advisors have acquired over 24,000 MW of power generation capacity. 

Critical to our organization’s success is a team of approximately 150 highly skilled professionals that provide extensive capabilities in managing every aspect of the independent power business, including land acquisition and zoning, environmental permitting, power marketing and origination, project finance, regulatory, engineering, construction management and operations. Our team integrates ideas, skills and real-time market input in order to identify, evaluate and execute on opportunities that are designed to benefit our customers, communities and investors. 

Beyond our immediate team, our projects employ thousands of construction and operations personnel across the United States. We take pride in our ability to positively impact our communities.

LS Power is led by its Founder and Chairman, Mike Segal, and its Chief Executive Officer, Paul Segal, and is supported by the Firm’s Executive Management Team.