LS Power, a development, investment and operating company focused on the North American power and energy infrastructure sector, has entered into a definitive agreement with NRG Energy to acquire six natural gas–fired power-generation facilities totaling 4.9 gigawatts across Connecticut, New York, Rhode Island and Texas.
The move expands the company’s national footprint of firm, dispatchable gas generation amid growing power demand. Financial terms were not disclosed.
“Significant investment in firm, dispatchable power remains essential to grid reliability, and facilities that are already built, permitted and interconnected deliver that power today,” said Paul Segal, CEO of LS Power. “Firm power underpins our all-of-the-above approach, including renewables and distributed energy resources. Expanding LS Power’s generation footprint in the Texas, Northeast and New York markets, where we have deep experience developing and operating a range of energy infrastruc
