News

LS Power, a U.S. power and energy infrastructure owner, announced that it has completed its acquisition of EVgo, the nation’s largest and most reliable public fast charging network for electric vehicles (“EVs”). Founded in 2010, EVgo is a market leader in developing, building, owning and operating...

NEW YORK and LOS ANGELES, December 20, 2019 – LS Power, a U.S. power and energy infrastructure owner, today announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the nation’s largest and most reliable public fast charging network for electric...

New York has taken a significant step toward achieving its Clean Energy goals with the Public Service Commission’s (PSC) key approval for a major energy storage project proposed for New York City. On October 17, 2019, the PSC granted a Certificate of Public Convenience and Necessity...

https://www.brattle.com/news-and-knowledge/news/brattle-economists-respond-to-critique-of-prior-report-on-value-of-competitive-transmission The Brattle Group "Response to Concentric Energy Advisors' Report on Competitive Transmission," comes as a follow-up to an April 2019 Brattle report, "Cost Savings Offered by Competition in Electric Transmission: Experience to Date and the Potential for Additional Customer Value," which summarized U.S. and international...

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...