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LS Power Offers Local Scholarship

LS Power Offers Local Scholarship

January 25, 2007

LS Power recently announced the opening of the application period for the 2007 award of the Plum Point Energy Station Scholarship for Academic Excellence. This scholarship will be awarded to an Osceola High School senior during each year of construction of the Plum Point Energy Station. One OHS senior will be selected annually based on academic achievements, extra curricular activities, and desire to obtain a technical degree in one of the following degree programs: engineering: civil, electrical, mechanical, chemical, industrial, environmental and engineering management; physical science: chemistry; environmental science: chemistry or biology.

Company president Jason Hochberg originally announced the availability of the scholarship at the May 31, 2006 groundbreaking ceremony of the Plum Point Energy Station. The scholarship includes four years of tuition to attend the college of the student’s choice to obtain a bachelor’s degree in one of the specified majors.

LS Power’s Plum Point Energy Station Scholarship for Academic Excellence is designed to encourage students to attend college to pursue careers in technology or science. LS Power believes a technical or science degree will equip students to excel professionally and offer the opportunity for students to return to their community and work for local industries.

Those qualifying students who are interested in applying for the scholarship are encouraged to contact the OHS counselor for details of the award, the application criteria and the application package. Completed application packages must be received by the school counselor by the April 16 deadline to be considered.

Construction of the Plum Point Energy Station began in early 2006 and is scheduled to be completed in the summer of 2010. The construction workforce is expected to peak at approximately 1,200 employees. The station is expected to employ 100 permanent staff.

Founded in 1990, the LS Power Group is a fully-integrated power plant owner, developer and manager. On September 15, 2006, the LS Power Group and Dynegy, Inc. announced a merger transaction involving certain assets of the LS Power group, including its interest in the Plum Point and Dynegy, Inc.’s assets.

Attributed to:
Osceola Times
January 25, 2007

About LS Power:

LS Power is a development, investment, and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed, or acquired more than 46,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired, and battery energy storage projects, of which ~17,000 MW are currently operating. LS Power’s Energy Transition Platforms include CPower Energy Management, Endurant Energy, EVgo, Rise Light & Power, and REV Renewables, as well as Waste-to-Energy initiatives. In addition, LS Power developed and operates over 680 miles of high-voltage transmission, with an additional 100+ miles and multiple substations under construction. Across these efforts, LS Power has raised $50 billion in debt and equity financing to support North American infrastructure. Through 2021, assets under LS Power control avoided 80.67 million metric tons of CO2e, equivalent to nearly 187 million barrels of oil not consumed or over 17.5 million cars taken off the road for one year. For more information, please visit www.LSPower.com.