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LS Power Announces Acquisition of Hummel Station in PA

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.

About LS Power:

LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed or acquired more than 42,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects, and over 660 miles of high voltage transmission. Additionally, LS Power actively invests in businesses and platforms focused on distributed energy resources, such as CPower Energy Management and EVgo. Across its efforts, LS Power has raised in excess of $45 billion in debt and equity financing to support North American infrastructure. For more information, please visit www.LSPower.com.