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LS Power Completes a Refinancing of the University Park North, University Park South and Riverside Projects

LS Power Completes a Refinancing of the University Park North, University Park South and Riverside Projects

LS Power Equity Advisors, through a private fund it manages, announced today it has completed a refinancing of the University Park North, University Park South and Riverside projects, three gas-fired power generation facilities located in Illinois and Kentucky.

The new financing comprises of a $550 million, seven-year term loan and a $10 million revolving 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 47,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Additionally, LS Power Grid has built and operates 680 miles of high-voltage transmission, with 200+ miles and multiple grid infrastructure projects currently under construction or development. 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 $54 billion in debt and equity capital to support North American infrastructure. For information, please visit www.LSPower.com.