LS Power to Acquire Large Scale Renewable Energy Business from Algonquin Power & Utilities Corp.
Acquiring Company
LS Power
Acquired Company
Algonquin Power & Utilities
New York
OakvilleEnergySustainabilityNatural ResourcesRenewable EnergyEnergyRenewable EnergyDescription
LS Power, a leading development, investment, and operating company focused on the North American power and energy infrastructure sector, has reached an agreement with Algonquin Power & Utilities Corp. to acquire its renewable energy business. This strategic investment will significantly expand LS Power's renewable energy portfolio, complementing its existing fleet of renewable, energy storage, flexible gas, and renewable fuels projects.
Quick answer
LS Power is acquiring Algonquin Power & Utilities, announced August 9, 2024. LS Power is based in New York, New York, United States.
- How much did LS Power pay for Algonquin Power & Utilities?
- The deal value was not disclosed.
- What does LS Power do?
- LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector.
- Where are LS Power and Algonquin Power & Utilities based?
- LS Power is based in New York, New York, United States. Algonquin Power & Utilities is based in Oakville, Ontario, Canada.
- Who are the decision-makers at LS Power?
- Fundz holds 1 contact at LS Power. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Algonquin Power & Utilities?
Algonquin Power & Utilities was acquired by LS Power, based in New York. The deal was reported on August 12, 2024. LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. LS Power is privately held and operates in Energy.
When did LS Power acquire Algonquin Power & Utilities?
LS Power's acquisition of Algonquin Power & Utilities was reported on August 12, 2024. LS Power, a leading development, investment, and operating company focused on the North American power and energy infrastructure sector, has reached an agreement with Algonquin Power & Utilities Corp. to acquire its renewable energy business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Algonquin Power & Utilities do?
Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. It is publicly traded (AQN), operating in Energy, and is based in Oakville.
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