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LS Power and Southern Power Complete Generating Asset Transaction

LS Power and Southern Power Complete Generating Asset Transaction

The LS Power Group (“LS Power”) and Southern Power completed their previously announced transaction related to the West Georgia and DeSoto generating plants. Southern Power acquired the West Georgia plant from LS Power in exchange for the DeSoto plant and other proceeds. The West Georgia plant is a 600 megawatt natural gas-fired simple cycle facility in Thomaston, Georgia. The DeSoto plant is a 320 megawatt natural gas-fired simple cycle facility in Arcadia, Florida.

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 780+ miles of high-voltage transmission, with 350+ 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.