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New Deal


Announced

Completed

LS Power completed the acquisition of Rolling Hills from ArcLight Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Acquisition

Conventional Electricity

Private

Domestic

natural gas energy

Single Bidder

Friendly

Private Equity

Completed

Synopsis

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LS Power, an energy company, completed the acquisition of Rolling Hills, a natural gas-fired power plant, from ArcLight Capital Partners, a private equity firm. Financial terms were not disclosed. "Rolling Hills will join LS Power's fleet of flexible gas-fired generation, a portfolio of assets with the dynamic ramping attributes critical to a successful clean energy transition," Nathan Hanson, LS Power President.

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