LS Power to Acquire Natural Gas Power Plant from ArcLight Capital Partners.
MANews-(C)2009-2022
US-based power and energy infrastructure company LS Power has reached an agreement with an affiliate of ArcLight Capital Partners, LLC to acquire the Rolling Hills natural gas-fired power plant in Wilkesville, Ohio, the company said.
The 835mw facility consists of five simple cycle "peaking" units located in the PJM Interconnection.
The transaction is expected to close in late 3Q22.
LS Power owns a 13,000mw gas generation fleet that complements its multiple energy transition platforms focused on wind and solar power, energy storage, demand response, microgrids, renewable fuels, electric transportation and transmission infrastructure.
The company's gas generation fleet spans 10 states and consists primarily of peaking plants along with combined cycle facilities.
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...
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