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Ls Power To Acquire 2.1 Gw Natural Gas Generation Portfolio From Brazos Electric Power Cooperative

RECENTLY ACQUIREDMay 08, 2023

Acquiring Company

LS Power

Acquired Company

2.1 GW Gas Generation Portfolio

New YorkEnergySustainabilityNatural ResourcesRenewable Energy

Description

LS Power today announced it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 megawatts of natural gas generation in the ERCOT North region of Texas through a special purpose affiliate. The portfolio features dual-fuel capability, meaningful on-site fuel oil storage and firm gas transport and storage arrangements.

Quick answer

LS Power is acquiring 2.1 GW Gas Generation Portfolio, announced May 8, 2023. LS Power is based in New York, New York, United States.

How much did LS Power pay for 2.1 GW Gas Generation Portfolio?
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 2.1 GW Gas Generation Portfolio based?
LS Power is based in New York, New York, 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 2.1 GW Gas Generation Portfolio?

2.1 GW Gas Generation Portfolio was acquired by LS Power, based in New York. The deal was reported on May 8, 2023. 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 2.1 GW Gas Generation Portfolio?

LS Power's acquisition of 2.1 GW Gas Generation Portfolio was reported on May 8, 2023. LS Power today announced it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 megawatts of natural gas generation in the ERCOT North region of Texas through a special purpose affiliate. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 2.1 GW Gas Generation Portfolio do?

2.1 GW Gas Generation Portfolio is the company acquired in this transaction. It is privately held.

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