LS Power Announces Acquisition of Hummel Station in PA
U.S. power and energy infrastructure owner LS Power Equity Advisors, LLC (“LS Power”) announced today that it has signed definitive agreements to acquire the Hummel Power Station in PA.
LS Power will be acquiring the Hummel Station, a 1,124 MW natural gas-fired CCGT facility located in northern Pennsylvania, from a consortium of sellers including Siemens Financial Services and Panda Power Funds. The transaction is expected to close in the third quarter of 2020, pending receipt of necessary regulatory approvals and third-party consents.