Founded in 1990, LS Power has grown from a start-up to a team of over 200 professionals, beyond which it employs thousands of contracted construction and operations personnel across the United States.
But some things never change: our finger always being on the pulse of the power industry, our track record of creating innovative solutions for complex problems, our culture of discipline and the proficiency of the people that work for us.
Founded as a fossil fuel power generation development company, LS Power has expanded its capabilities and resources to include the development, construction and acquisition of a diverse mix of generation assets (including gas, solar, wind, hydro and battery storage) and high-voltage transmission projects. Through these efforts LS Power has owned and managed over 38,000 MW of power generation capacity and 565 miles of transmission lines, investing more than $36 billion of capital into the energy infrastructure system of the United States.
“We actively develop infrastructure projects that satisfy the need for new generation and improve the functionality, reliability and efficiency of the aging transmission system.” LS Power CEO Paul Segal
LS Power acquires 3,950 MW Power Generation Portfolio in Northeast from TransCanada Corporation through its affiliate Helix Generation, LLC.
LS Power completes the acquisition of two simple-cycle, natural gas-fired power generation facilities from NRG Energy. Additionally, LS Power announces the launch of LifeEnergy, LLC, a new power energy company focused on providing electricity, gas, mobile LNG, solar and distributed generation to residential and business customers throughout North America.
PJM selects LS Power from a first-of-its-kind competitive process (FERC 1000) to design, construct, own, operate and maintain the Delaware – New Jersey electric transmission project. LS Power introduces an industry first: a construction cost cap to protect consumers from project overruns.
LS Power breaks ground on the Centinela Solar Energy project, which began commercial operation in 2014. The $700 million facility will generate 170 megawatts to supply San Diego Gas & Electric with enough electricity to power one million homes annually.
LS Power completes financing for West Deptford Energy Station in New Jersey. The 738 MW electric generating facility utilizes state-of-the-art combustion turbine technology with advanced emission controls.
Dover Sun Park opens. LS Power constructed the 10 MW solar power plant – one of the Mid-Atlantic region’s largest – through a statewide partnership with the City of Dover, Delmarva Power, Delaware Municipal Electric Corporation (DEMEC) and the Delaware Sustainable Energy Utility (SEU).
The Department of Energy, the Department of the Interior and Senator Harry Reid Celebrate The One Nevada Transmission Line.
“Innovation comes from the producer - not from the customer.”
LS Power connects need with supply.