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LS Power Completes Sale of Rocky Road and Tilton facilities

LS Power Completes Sale of Rocky Road and Tilton facilities

May 05, 2015

LS Power has closed on the sale of its 100% ownership interests in the 344 MW Rocky Road gas-fired facility and the 180 MW Tilton gas-fired facility to a subsidiary of Rockland Capital. LS Power originally acquired the projects from Dynegy in 2009

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.