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 its 100% ownership interest in 10 run-of-river hydro facilities to Cube Hydro Partners, LLC. LS Power Equity Advisors originally acquired the projects from FirstEnergy Corporation in February 2014....
LS Power Equity Advisors, through a private fund it manages, has entered into an agreement with a subsidiary of DTE Energy to sell its 100% ownership interest in the 732 MW Renaissance Power gas-fired peaking facility for $240 million including expected working capital adjustments. LS...
U.S. power and energy infrastructure owner, LS Power Equity Advisors, LLC (“LS Power”), has acquired approximately 3,500 MW of generation resources in the Southeastern United States, through its affiliate NATGEN Southeast Power, LLC, from Calpine Corporation (“Calpine”) (NYSE: CPN) for $1.57 billion plus adjustments. The portfolio...
U.S. power and energy infrastructure owner, LS Power Equity Advisors, LLC (“LS Power”), announced today that it has signed an agreement to acquire approximately 3,500 MW of generation resources in the Southeastern United States, through its affiliate NATGEN Southeast Power, LLC, from Calpine Corporation (“Calpine”)...
LS Power Equity Advisors closed on its Hudson Generation Holdings financing, which consists of a $285 million, seven-year secured Term Loan Facility and a $5 million Revolving Facility. The cost efficient financing benefits from stable cash flows from ten underlying power generation facilities. These include three...
LS Power Equity Advisors, through a private fund it manages, closed on the sale of its 33.3% ownership interest (with 50% voting rights) in the 417 MW Safe Harbor hydroelectric facility to a subsidiary of Brookfield Renewable Energy Partners, L.P. The transaction was completed at...
Oversubscribed Fund Exceeds Initial Target U.S. power and energy infrastructure manager LS Power Equity Advisors LLC (together with its affiliates, “LS Power”) announced the final close of LS Power Equity Partners III, L.P. (“Fund III”) at a hard-cap of $2.075 billion, exceeding its initial target of...
FirstEnergy Corp. (NYSE: FE) has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million. The two companies originally announced the sales agreement in September 2013. The hydroelectric power stations...
LS Power Equity Advisors, through a private fund it manages, has entered into an agreement with a subsidiary of Brookfield Renewable Energy Partners, L.P. to sell its 33.3% ownership interest (with 50% voting rights) in the 417 MW Safe Harbor hydroelectric facility for $303 million...