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LS Power Development, LLC

Company Summary

Description

Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri, California and Texas. LS Power is a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States.

Website

http://www.lspower.com/about.htm

Related Entities

Recent news

  • 1/17/2024 - LS Power to Acquire... (subscriber access)
  • 5/9/2023 - LS Power to Purchase 2.1... (subscriber access)
  • 11/17/2022 - Hull Street Energy... (subscriber access)
  • 4/14/2022 - LS Power Grid's Proposal... (subscriber access)
  • 6/30/2021 - LS Power Closes on... (subscriber access)

Company Transactions

Date: 7/12/2017
Type: Acquisition

BUYERS:
  • LS Power Development, LLC
    • SELLERS:
  • Dynegy Inc.
    • ASSETS:
  • Troy Energy Facility
  • Armstrong Energy Facility
    • DETAILS:

    COST: 480 $MM

    NOTES:
    Dynegy has finalized the sale of its Armstrong and Troy Energy Facilities to LS Power for $480 million in cash. Proceeds will be used for debt reduction.
    REGIONS:
  • Northeast