News

LS Power Grid California, LLC has been selected by the California Independent System Operator (California ISO or CAISO) to finance, construct, own, operate and maintain the Round Mountain 500 kV Area Dynamic Reactive Power Support Project. This represents LS Power’s third competitively procured transmission award by...

New CEO will guide New York City’s largest power generation facility towards a clean energy future with new projects, including the largest battery energy storage facility on the east coast LS Power, a leading development, investment and operating company focused on the North American power and...

LS Power Grid California, LLC has been selected by the California Independent System Operator (California ISO or CAISO) as the approved project sponsor to finance, construct, own, operate and maintain the Gates 500 kV Dynamic Reactive Power Support Project. The Gates Project was approved by the...

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...