Loader
 

LS Power Completes Sale of 82% of West Deptford Energy Station

LS Power Completes Sale of 82% of West Deptford Energy Station

September 13, 2016

LS Power announced today that its affiliate, West Deptford Energy Holdings, LLC, has completed the sale of 82% of its interests in the West Deptford Energy Station, a 738 MW combined cycle gas-fired merchant electric generating facility in West Deptford, New Jersey, to a group of institutional investors.

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.