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

May 08, 2023•over 2 years ago

Acquiring Company

LS Power

Acquired Company

2.1 GW Gas Generation Portfolio

New YorkNatural ResourcesSustainability

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.

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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