LS Power is constantly working on behalf of our communities and investors. Helping to strengthen the power grid in the United States. Building and developing power projects that grow and enrich local economies. Creating environmentally low-impact energy solutions in North America. Investing in power market opportunities for clients.
LS Power Equity Advisors, through a private fund it manages, has entered into an agreement to sell the Carville Energy Center (516 MW natural gas-fired combined cycle facility in St. Gabriel, LA) and the Oneta Energy Center (1,127 MW natural gas-fired combined cycle facility in...
In July 2019, LS Power acquired EMC Development Company (trade name Electric Market Connection, ”EMC”) through its CPower portfolio company. EMC, based in Columbia, Maryland, is the largest non-utility energy efficiency (“EE”) aggregator in PJM. EMC manages ~315 MW of EE resources, with ~80% located in...
Gov. Cuomo Announces $28M for 1st Phase of New Mohawk Valley To Capital Region Transmission Upgrade Project (2019 05 21) https://www.governor.ny.gov/news/governor-cuomo-announces-28-million-first-phase-new-mohawk-valley-capital-region-transmission Governor Andrew M. Cuomo today announced $28 million to begin work on a major new transmission upgrade project in the Mohawk Valley and Capital Region. The project stems...
Silver Run Electric to install lines under the Delaware River (Delaware Business Times Article 2019 05 21) https://www.delawarebusinesstimes.com/silver-run-electric-installs-lines/ The new Silver Run Electric transmission line project that will connect the existing high- voltage electric system in the Delmarva Peninsula east of Odessa to the Artificial Island nuclear complex in...
A report released on April 9, 2019 by economists at global economic consulting firm The Brattle Group documents the experience with competitive development processes for U.S. transmission projects under FERC Order No. 1000. The report shows that competitive transmission processes have the potential to stimulate innovation and...
Rensselaer N.Y., April 9, 2019 – The New York Independent System Operator (NYISO) selected LS Power Grid New York, LLC (formerly known as North America Transmission, LLC), together with the New York Power Authority (NYPA), as the developer of a portion of NYISO’s AC Transmission...
NEW YORK, NY & BALTIMORE, MD — LS Power, today announced that it has completed its previously announced acquisition of Enerwise Global Technologies, Inc. (trade name “CPower”) for a private fund it manages. CPower is a leader in Demand Response and Distributed Energy Resources in...
https://www.wsj.com/articles/government-is-bad-at-picking-energy-winners-1528913411 Government intervention in the energy markets, as contemplated, will lead to an energy grid that is less reliable and resilient than the one we have today. Your editorial “Rick Perry’s Obama Imitation” (June 6) is largely on point. However, it is important for the public...
Cost Containment Coming to PJM Transmission Bids May 24, 2018 By Rory D. Sweeney VALLEY FORGE, Pa. — PJM stakeholders resoundingly endorsed LS Power’s controversial proposal to bring cost-containment measures into the RTO’s transmission planning process following more than two hours of debate before the Markets and Reliability...
LS Power Equity Advisors, through a private fund it manages, has entered into an agreement to sell Hunlock Creek (44 MW natural gas facility) to a subsidiary of UGI Corporation, subject to regulatory approvals. LS Power Equity Advisors originally acquired the project from FirstEnergy Corporation...