News & Insights

LS Power affiliate Great Basin Transmission, LLC (“Great Basin”) announced today that it has entered into a Memorandum of Understanding (“MOU”) with Western Area Power Administration (“Western”), a power marketing administration of the U.S. Department of Energy. Under the MOU Great Basin and Western are...

LS Power is pleased to announce the winner of the 2009 Plum Point Energy Station Scholarship for Academic Excellence. "We are excited to be awarding the 2009 Scholarship to Osceola High School graduating senior, Sarah R. Hearod, based on her academic achievements, extra curriculum activities,...

LS Power announced today the closing of its purchase of the rights to the Wyoming-Colorado Intertie Project. The Wyoming-Colorado Intertie Project consists of a proposed 850 megawatt (MW) transmission line extending approximately 180 miles between Laramie River Station Substation located at Wheatland, Wyoming, and...

LS Power affiliate Great Basin Transmission, LLC (“GBT”) is pleased to announce a second Open Season for the purchase of long-term point-to-point transmission rights on the Southwest Intertie Project (“SWIP”). Successful bidders in the second Open Season (“Open Season 2”) will secure firm transmission rights...

The Public Utility Commission of Texas (PUCT) today issued an order selecting transmission service providers to construct, operate and maintain an estimated $4.9 billion in new electric transmission infrastructure to deliver renewable energy from competitive renewable-energy zones (CREZs) to electric customers in Texas. The...

LS Power affiliate White Pine Energy Associates, LLC, announced today that it is indefinitely postponing construction of the White Pine Energy Station near Ely, Nevada due to current economic conditions and increasing regulatory uncertainties. Instead, LS Power officials say they will focus the company’s efforts...

Great Basin Transmission, LLC ("GBT") announces today an Open Season to receive proposals for the purchase of long-term point-to-point transmission rights on the Southwest Intertie Project ("SWIP"). Successful bidders in the Open Season will secure firm transmission rights to support financing of new generation...

Proposal would provide a 21 percent premium to TransAlta shareholders as of the close of markets on Friday July 18, 2008 TransAlta headquarters and corporate infrastructure would remain in Alberta Support of TransAlta Board of Directors and management sought for transaction. LS Power Equity Partners (LS Power) and Global...

Following is the text of the letter sent to the CEO of TransAlta with respect to the proposal, and filed this morning with the U.S. Securities and Exchange Commission by LS Power: As recently discussed with you, we have a great deal of respect for TransAlta...

LS Power Group ("LS Power"), a privately owned power industry developer, investor and manager, announced today the creation of a dedicated business unit which will pursue the development, acquisition, and ownership of renewable energy projects. Mike Segal, Chairman and Chief Executive Officer of LS...