News

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...

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...

he LS Power Group ("LS Power"), a privately owned power industry developer, investor and manager, announced today an initiative, to be known as LSP Polaria ("Polaria"), to focus LS Power's activities related to the development of green energy sources and projects that will capture, offset...

LS Power Group ("LS Power") announced today that it has entered into a definitive purchase and sale agreement with Mirant Corporation for the purchase of six U.S. natural gas-fired power plants. The U.S. plants being purchased are the following: Zeeland (903 MW), West Georgia (613...