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LS Power acquires ENGIE Services, rebrands OPTERRA

RECENTLY ACQUIREDJun 12, 2025

Acquiring Company

LS Power

Acquired Company

OPTERRA Energy Services

New YorkOaklandEnergySustainabilityNatural ResourcesRenewable EnergyEnergyOil And GasRenewable EnergyEnergy ManagementEnergy EfficiencyBiomass Energy

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.

Quick answer

LS Power is acquiring OPTERRA Energy Services, announced June 12, 2025. LS Power is based in New York, New York, United States.

How much did LS Power pay for OPTERRA Energy Services?
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 OPTERRA Energy Services based?
LS Power is based in New York, New York, United States. OPTERRA Energy Services is based in Oakland, California, United States.
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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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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Frequently asked

Who acquired OPTERRA Energy Services?

OPTERRA Energy Services was acquired by LS Power, based in New York. The deal was reported on June 12, 2025. 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 OPTERRA Energy Services?

LS Power's acquisition of OPTERRA Energy Services was reported on June 12, 2025. LS Power has successfully completed the acquisition of ENGIE Services U.S., which will now operate under the name OPTERRA Energy Services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does OPTERRA Energy Services do?

OPTERRA Energy Services, formerly ENGIE Services U.S, has over 50 years of experience in delivering energy efficiency upgrades and renewable energy systems. It is privately held, operating in Energy, and is based in Oakland.

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