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LS Power

LS Power is an American independent power company that owns, operates, and develops power generating stations, storage facilities, and transmission lines.[1] Founded in 1990, the company originally focused on developing and selling natural gas power plants, but has since expanded into developing renewable energy plants and transmission lines.[2] The company's approach focuses on competing to win transmission line contracts at a lower price than established utilities and using its large asset portfolio to develop projects with "high barriers to entry."[3] With a combined capacity of 2.3 GW of pumped storage hydropower and lithium-ion battery storage, LS Power has the largest non-utility owned energy storage portfolio in the United States.[4]

They own a portfolio of energy companies including EVGo, Endurant Energy, Rise Light & Power, and CPower Energy Management. In 2021, LS Power created REV Renewables as a subsidiary focused on renewable energy and energy storage.

  1. ^ "About LS Power | Power Generation". LS Power. Retrieved 2024-05-21.
  2. ^ "How to grow: Raising capital | Norton Rose Fulbright". www.projectfinance.law. Retrieved 2024-05-22.
  3. ^ "LS Power's Deep Pockets and Risk Appetite Could Shake Up Renewables Development". www.greentechmedia.com. Retrieved 2024-05-22.
  4. ^ "Energy Storage". REV | Renewables & Energy Storage. Retrieved 2024-05-22.

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