LS Power

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector.

[LS Power @LSPowerGroup]

Our mission is to solve complex energy problems. We are committed to empowering our people and the communities within which we operate. We are driving real change. We are LS Power. This is more than a new look – it’s the beginning of what’s next: https://t.co/KxuW0EfQD7

[LS Power @LSPowerGroup]

NEWS: LS Power has entered into a definitive agreement with @nrgenergy to acquire six natural gas-fired power generation facilities across Connecticut, New York, Rhode Island, and Texas, totaling 4.9 GW.

This acquisition from NRG, together with the pending acquisition of approximately 4.4 GW from Constellation, will expand LS Power’s natural gas generation fleet from 2.2 GW to 11.5 GW, increasing the company’s capacity in key power markets.

"Significant investment in firm, dispatchable power remains essential to grid reliability, and facilities that are already built, permitted, and interconnected deliver that power today." - Paul Segal, LS Power CEO

Read the full announcement: https://t.co/PVesZu3MCG

@ERCOT_ISO @NewYorkISO @isonewengland #GridReliability #EnergyInfrastructure #Power

[LS Power @LSPowerGroup]

Renewable Energy Certificates (RECs) come up constantly in clean energy conversations, but what they actually are and how they work is often misunderstood.

LS Power develops and operates renewable energy assets through #ClearlightEnergy, @REVRenewables and #PatriotHydro — generating the renewable energy that backs the RECs utilities, states and corporations rely on to meet their clean energy commitments.

Swipe to learn about what RECs are and why they matter for building a reliable, affordable grid. →

#RenewableEnergy #EnergyEducation #PowerMarkets #RECs

[LS Power @LSPowerGroup]

Last week, the team at the Hunterstown Generating Station had the opportunity to host a group of engineering students from the U.S @NavalAcademy for a site visit and tour.

Their professor, Dr. Robert Fishman, Director of the Center for Energy Security and Infrastructure Resilience at the U.S. Naval Academy, summed it up best: “They came away realizing that things are a lot more complicated than they thought.”

These future engineers will play a role in keeping America’s infrastructure secure and resilient and there’s no better way to understand what keeps the grid running than to see it firsthand.

Thank you to the Hunterstown team for hosting a memorable visit.

#EnergyInfrastructure #Engineering #NavyDay

[LS Power @LSPowerGroup]

#ICYMI #WithIntelligence recently sat down with our COO Darpan Kapadia to report on the $6 billion close of our sixth fund.

The article highlights LS Power's perspective on the scale of opportunity across the full energy stack, the demand extending beyond AI and data centers, and the growing global investor base supporting LS Power’s investment approach.

Read the full article: https://t.co/VjlHBnNzdo (Paywalled)

#EnergyInfrastructure #PowerMarkets @SPGlobal

[LS Power @LSPowerGroup]

President of our​ private equity business, David Nanus, recently joined a panel at the 2026 @Tulane Future of Energy Forum to discuss how investors are evaluating opportunities across traditional energy, infrastructure and emerging technologies.

The conversation covered a lot of ground — from the forces driving today's energy landscape to how surging demand is outpacing new supply, creating durably high prices and the opportunity for thoughtful investment to move the needle.

“In a period of durably high [energy] prices, there are plenty of ways as an investor to create opportunities that reduce costs and become part of the solution”

#Energy #PowerMarkets

[LS Power @LSPowerGroup]

#ICYMI: Bloomberg reported on our $6 billion Fund VI close in an exclusive interview with LS Power COO Darpan Kapadia.

Meeting U.S. power demand will take both significant capital and deep sector expertise. LS Power’s more than 30-year track record of developing, investing in, and operating energy infrastructure across market cycles positions us well to meet this moment.

Read the article: https://t.co/2imI5bLsc4 (paywalled)

#EnergyInfrastructure #InfrastructureInvestment #CapitalRaise

[Electric Power Supply Association @EPSAnews]

As America’s demand for electricity grows, so does the need for the people who will help power the future.

Competitive power suppliers are creating pathways to energy careers at virtually every stage. We zoom in on how EPSA member @LSPowerGroup is investing in the next generation of energy talent through opportunities for students and early-career professionals.

Read more: https://t.co/GGgnROLQnb

#EPSA #CompetitivePower #EnergyCareers #WorkforceDevelopment #PeopleBehindThePower

[LS Power @LSPowerGroup]

NEWS: LS Power closes $6 Billion Fund VI.

Launched in January 2026, Fund VI was oversubscribed and fully allocated against its hard cap by July, well in excess of its initial $4 billion target.

Fund VI will invest in assets, platforms, and companies in the renewables, conventional generation, energy storage, distributed energy resources, and other critical energy infrastructure spaces.

"The fundraise is a strong endorsement of the team, strategy, and platform we have built at LS Power over more than three decades." — Paul Segal, CEO

"Our hands-on development and operating experience across generation, transmission, and other energy infrastructure informs how we underwrite investments, execute complex transactions, and improve the assets and businesses we own." — Darpan Kapadia, COO

"We believe that the scale of the opportunity has never been greater, and our team has never been stronger." — David Nanus, President, LS Power Equity Advisors

Full press release: https://t.co/YEbl52XN9R

Evercore Private Funds Group, Leader Capital Markets, and Magenta Capital Services acted as global placement agents and Willkie Farr & Gallagher LLP served as fund counsel.

#EnergyInfrastructure #InfrastructureInvestment #CapitalRaise

[LS Power @LSPowerGroup]

Most energy companies specialize — they develop, own or operate. For over 30 years, LS Power has done all three.

That integration shapes how we approach every asset, every market and every decision we make across generation, storage and transmission.

In a moment when the grid needs more of everything, here's what that means in practice.

Learn more about what we do: https://t.co/xJm0A4mpDc

#EnergyInfrastructure #PoweringTheFuture #PowerMarkets

[California ISO @CaliforniaISO]

This project will boost reliability, deliver economic benefits, and strengthen connectivity across Nevada, Idaho, and California. It also supports WEIM and EDAM, delivering benefits to customers across the region.

💡Learn more: https://t.co/Yq46yc7wcY

[California ISO @CaliforniaISO]

The SWIP-North transmission link showcases the strength of innovation & collaboration between @lspowergrid, @NVEnergy, @idahopower and CAISO. ⚡

[LS Power @LSPowerGroup]

Energy security and innovation are often framed as competing priorities. They don't have to be.

The grid needs reliable, around-the-clock capacity and it needs new technology, new approaches and new investment to meet demand that's growing faster than anyone anticipated. Competitive markets, when given durable rules and the right price signals, can deliver both.

Our CEO Paul Segal made that case on the @TheEnergyGang podcast and what it actually takes to build a grid that is resilient, innovative and ready to respond.

Listen here: https://t.co/8BElHQ1K0N

#EnergyInfrastructure #PowerMarkets #GridReliability #EnergySecurity

[@LSPowerGrid @lspowergrid]

Yesterday marked a major milestone as we celebrated the official groundbreaking of our Southwest Intertie Project-North (SWIP-North).

This project will help strengthen grid reliability, support growing energy demand, and deliver resilient power to communities for years to come. Learn more: https://t.co/wpj6VLJxsl.

#PoweringTheFuture #SWIPNorth

[LS Power @LSPowerGroup]

Tomorrow, @FERC's dispute resolution process begins on PJM governance reform, with the end of September as the deadline for PJM to reach agreement before FERC steps in.

As our SVP of Wholesale Market Policy Marji Philips outlined in pre-technical conference comments to FERC: the most consequential work is in the market rules, interconnection processes and permitting frameworks that determine how quickly new capacity can come online.

The outcomes of this proceeding will ripple through market design, investment decisions and grid reliability. Done right, this is an opportunity to strengthen the framework that has delivered reliable electricity through competitive markets for over 30 years.

#EnergyPolicy #FERC #PJM #GridReliability #PowerMarkets

[LS Power @LSPowerGroup]

FERC Order 1000 opened electricity transmission to competition in 2011 with the goal of better outcomes for electricity consumers. 15 years later, the results are clear.

According to a 2026 R Street Institute (@RSI) analysis, competitive transmission projects deliver approximately 30% cost savings compared to incumbent utility-developed projects and have come online faster or just as fast in most major planning regions.

The case for competitive transmission has never been stronger.

#Transmission #EnergyPolicy #FERC #GridInfrastructure

[LS Power @LSPowerGroup]

The energy policy landscape is evolving — and with it, the conditions under which infrastructure gets financed and built.

Tariffs, changes to tax credits and sourcing requirements are shaping how capital is deployed and which projects move forward.

At a time when power demand is growing at rates we haven’t seen in decades, these shifts matter. They affect project timelines, capital-allocation decisions and, ultimately, how quickly new capacity reaches the grid.

“When you have these kinds of abrupt policy changes … it’s going to have a real implication, especially when markets are tight.” — Darpan Kapadia, COO

Watch the full conversation: https://t.co/ZXvGGwhMG9

#EnergyInfrastructure #PowerMarkets #EnergyPolicy #InfralogicForum

[@LSPowerGrid @lspowergrid]

Cross Texas Transmission is proud have served communities across Texas for over a decade. Recently, we donated $3,000 to LifeWorks to help ensure that Texas youth have safety, stability, and the chance to shape their own futures, $3,000 to support Turn Center as they offer physical, occupational, speech, and feeding therapy services for children with special needs, and $3,000 to the Tralee Crisis Center to help fund services for survivors of domestic violence.

#PoweringTheFuture #Austin #LifeWorks #TexasPanhandle #TurnCenter #TraleeCrisisCenter

[LS Power @LSPowerGroup]

The debate over who pays for power in the data center era has moved from industry conversation to federal legislation.

The White House Ratepayer Protection Pledge, the Ratepayer Protection Act moving through Congress and new large-load tariffs taking effect across multiple states all reflect the same core principle our CEO Paul Segal laid out earlier this year: "households shouldn't pick up the tab for incremental data center demand."

The good news is that workable pathways exist, and done right, data centers can get faster time-to-power and greater certainty, while communities get real investment, not higher bills.

Paul's full argument: https://t.co/lZ1zrB8CgJ

#DataCenters #AI #ElectricityBills

[Sharon K. Segner @ssegner]

Appreciative of the opportunity to participate in a robust discussion today at #NCES2026 on the strong merits of transmission competition. @LSPowerGroup

[LS Power @LSPowerGroup]

NEWS: LS Power has entered into a definitive agreement with @ConstellationEG to acquire the Brazos Valley Energy Center, a 606 MW natural gas-fired combined-cycle facility located outside Houston, Texas.

The acquisition expands LS Power's generation fleet in ERCOT, one of the most active power markets in the country. Combined with LS Power's previously announced agreement to acquire a 4,353 MW portfolio of five gas-fired generation assets in PJM from Constellation, the firm's national operating fleet will total approximately 14,100 MW upon closing of both transactions.

“Acquiring and optimizing proven assets is one of the fastest and most cost-effective ways to meet [rapidly increasing demand for electricity], and natural gas is well-positioned to provide the reliable, around-the-clock capacity the market requires.” — Paul Segal, CEO

Read the full announcement: https://t.co/P1k253rE7y

#ERCOT #GridReliability #Energy