Announced
Completed
Financials
Sources
Tags
United States
Majority
Acquisition
Conventional Electricity
Private
Domestic
natural gas energy
Single Bidder
Friendly
Private Equity
Completed
Synopsis
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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