LS Power Completes Acquisition of 844 MW Power Generation Portfolio in the Northeast
New York, NY – December 20, 2017 — U.S. power and energy infrastructure owner LS Power Equity Advisors LLC (“LS Power”) announced today that it has completed the acquisition of approximately 844 MW of generation resources in the Northeastern United States, through its affiliate Aspen Generating, LLC, from FirstEnergy Corporation.
The portfolio consists of the following four generation facilities:
- Springdale (Springdale Township, Pennsylvania) – 623 megawatts, multiple-unit generating facility using simple-cycle and combined-cycle units
- Chambersburg (Guilford Township, Pennsylvania) – 88 megawatts, natural gas combined-cycle facility
- Gans (Springhill Township, Pennsylvania) – 88 megawatts, natural gas combined-cycle facility
- Hunlock (Hunlock Creek, Pennsylvania) – 45 megawatts, natural gas combined-cycle facility