LS Power Completes Sale of Hunlock facility to UGI subsidiary

LS Power Completes Sale of Hunlock facility to UGI subsidiary

New York, NY – July 16, 2018— LS Power Equity Advisors, through a private fund it manages, completed the sale of the Hunlock Creek natural gas facility to a subsidiary of UGI Corporation. LS Power Equity Advisors originally acquired the project from FirstEnergy Corporation along with five other assets.

About LS Power:

Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri, California and Texas. LS Power is a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States. Since inception, LS Power has developed, constructed, managed or acquired more than 41,000 MW of competitive power generation and 560 miles of transmission infrastructure, for which it has raised over $40 billion in debt and equity financing. For more information, please visit www.LSPower.com