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LS Power acquires ENGIE Services, rebrands OPTERRA

Jun 12, 20256 months ago

Acquiring Company

LS Power

Acquired Company

OPTERRA Energy Services

New YorkOaklandNatural ResourcesSustainabilityEnergy ManagementEnergy EfficiencyBiomass EnergyRenewable EnergyOil And GasEnergy

Description

LS Power has successfully completed the acquisition of ENGIE Services U.S., which will now operate under the name OPTERRA Energy Services. This strategic move aims to enhance LS Power's energy solutions platform by leveraging OPTERRA's expertise in energy efficiency and renewable offerings. The acquisition marks a significant milestone, returning OPTERRA to its roots while expanding its capabilities in the energy market.

Company Information

Company

LS Power

Location

New York, New York, United States

About

LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, in addition to its development of more than 660 miles of high voltage transmission, LS Power has developed, constructed, managed or acquired in total more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects. LS Power actively invests in distributed energy resource platforms, such as CPower Energy Management, Endurant Energy and EVgo, as well as Waste-to-Renewable Generation and Fuel initiatives. Additionally, LS Power invests in renewables and energy storage through REV Renewables. Across its efforts, LS Power has raised in excess of $48 billion in debt and equity financing to support North American infrastructure. For more information, please visit www.LSPower.com. SOURCE LS Power

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