LS Power to Acquire Power Generation Facilities from NRG Energy

LS Power to Acquire Power Generation Facilities from NRG Energy

LS Power Equity Advisors, through a private fund it manages, has agreed to acquire two simple-cycle natural gas-fired facilities from NRG Energy, Inc.. The NRG facilities being acquired include the following:

  • Aurora Generating Station (Aurora, IL) – 878 MW simple-cycle natural gas-fired facility
  • Rockford I and II Energy Center (Rockford, IL) – 450 MW simple-cycle natural gas-fired facility

About LS Power:

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions. Since inception, LS Power has developed or acquired over 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through LS Power Grid, the firm has built and operates approximately 680 miles of high-voltage transmission and has another 200+ miles and multiple grid infrastructure projects currently under construction or development. Across its efforts, LS Power actively invests in and scales businesses that are accelerating the energy transition, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised $53 billion in debt and equity capital to support North American infrastructure.