LS Power snaps us 25 new solar assets to bolster portfolio

The acquisition represents a substantial addition to LS Power’s energy portfolio. Image: Pixabay 

US solar developer LS Power has acquired 25 solar power facilities from Public Service Enterprise Group (PSEG) totalling 468MWdc.

Spread over 14 US states and five regional transmission organisations (RTOs), the acquisition includes twelve facilities in PJM (199MWdc), seven facilities in CAISO/WEIM (152MWdc), four in SERC/SW (103MWdc), one in NYISO (10.6MWdc), and one in ISO-NE (3.6MWdc).

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The additions to LS Power’s portfolio will benefit from power off-take agreements with a number of utilities, electric cooperatives and other large energy suppliers.

LS Power, whose portfolio also includes a 4GW battery storage platform, has developed, constructed, managed and acquired more than 45GW and over 660 miles of transmission infrastructure.

“This acquisition, along with our other investments in the clean energy space, highlights LS Power’s commitment to scaling a diversified development and operating platform that will drive the decarbonization of our economy,” said LS Power CEO Paul Segal.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 28, 2024
Seattle, USA
Solar Media Events, Industry Events
March 12, 2024
Frankfurt, Germany
Upcoming Webinars
March 13, 2024
9am EDT / 1pm GMT / 2pm CET
Solar Media Events
March 19, 2024
Texas, USA