LS Power Equity Advisors, through a private fund it manages, has entered into an agreement to sell the 1,124 MW Hummel Energy Station (“Hummel”), a combined-cycle natural gas facility in Shamokin Dam, Pennsylvania, and the 1,023 MW Rolling Hills Station (“Rolling Hills”), a combustion turbine natural gas facility in Wilkesville, Ohio, to a subsidiary of Capital Power Corporation. The sale is expected to close in the second half of 2025.
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 expansion solutions. Since inception, LS Power has developed or acquired 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through its transmission business, LS Power Grid, the company built and operates 780+ miles of high-voltage transmission and 7 transmission utilities and has another 375+ miles currently in construction or development. LS Power actively invests in and scales businesses that are meeting the growing needs of the energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $76 billion in debt and equity capital to support North American infrastructure. For information, please visit www.lspower.com.
