News & Insights

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...

New York, NY – July 16, 2018— LS Power Equity Advisors, through a private fund it manages, completed the sale of the Hunlock Creek natural gas facility to a subsidiary of UGI Corporation. LS Power Equity Advisors originally acquired the project from FirstEnergy Corporation along...

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...

New York, NY – May 10, 2018— LS Power Equity Advisors, through a private fund it manages, completed the sale of Columbia Energy Center to South Carolina Electric & Gas Company. LS Power Equity Advisors originally acquired the project from Calpine Corporation in 2014 along...

New York, NY – May 4, 2018 — U.S. power and energy infrastructure owner LS Power Equity Advisors LLC (“LS Power”) announced the completed acquisition of two additional generation facility interests from FirstEnergy Corporation through its affiliate Aspen Generating, LLC: Bath (Bath County, Virgina) –...

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 IV, L.P. (“Fund IV”) at $2.25 billion, exceeding its initial target of $2 billion.  Evercore Private Funds Group acted...

New York, NY – December 20, 2017 -- U.S. power and energy infrastructure owner LS Power Equity Advisors LLC (“LS Power”) announced today that it has completed the acquisition of approximately 844 MW of generation resources in the Northeastern United States, through its affiliate Aspen...