News

LS Power Group announced today that Sandy Creek Energy Associates, L.P. ("Sandy Creek"), a joint venture between subsidiaries of LS Power Group and Dynegy Inc., has completed financing that will allow construction of its 900 megawatt pulverized coal plant in McLennan County, Texas. Sandy Creek's...

New plant will help meet New Jersey's growing demand for competitive energy. West Deptford Energy, LLC, a joint venture between Dynegy Inc. and LS Power Associates, L.P., announced today that its power project at Paradise Road will be fueled by natural gas. The company expects that,...

Consumers Energy has signed an agreement to buy a 946 megawatt natural gas-fired power plant to help meet the growing power needs of its customers. The utility reached an agreement with LS Power Group to buy the Zeeland, Mich., plant for about $517 million. Consumers Energy...

The LS Power Group ("LS Power") announced today the final closing of LS Power Equity Partners II ("Fund II"), the firm's second private equity fund formed to make investments in the power industry. Fund II closed at its stated cap of $3.085 billion in a...

GE Energy Financial Services agreed to purchase the 517-megawatt Shady Hills power plant, located approximately 30 miles north of Tampa, Florida, from LS Power Equity Partners, a member of LS Power Group, the private power sector investor, developer and manager, the companies announced today. Financial...

LS Power is pleased to announce the winner of the 2007 Plum Point Energy Station Scholarship for Academic Excellence. "We are thrilled to award the 2007 Scholarship to Osceola High School graduating senior, Casey A. Vickerson, based on her academic achievements, extra curriculum activities, and...

Mirant Corporation (NYSE: MIR) announced today that it has completed the sale of six U.S. natural gas-fired plants to Broadway Generating Company, LLC, a member of the LS Power Group. The net proceeds to Mirant from the sale, after paying transaction expenses and retiring $83...

Stronger company positioned to deliver investor value in near, medium and long term Generation capacity expanded, creating greater diversity in terms of geography, dispatch and fuel Development joint venture represents future growth opportunity to meet market demand for energy LS Power's equity ownership in Dynegy demonstrates its belief...

LS Power Group has initiated the development of a stand-alone solar power plant near its natural gas-fueled Arlington Valley Energy Facility, a 570 megawatt combined-cycle plant in Maricopa County, Arizona. "We have begun serious evaluation of a major thermal solar project on the 3,500-acre parcel we...