LS Power breaks us 25 brand-new solar properties to boost portfolio

• United States solar designer LS Power has actually acquired 25 solar energy facilities from Public Service Enterprise Group (PSEG) amounting to 468MWdc.

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

The enhancements to LS Power's portfolio will certainly take advantage of power off-take agreements with a variety of utilities, electric cooperatives as well as other huge energy vendors.

LS Power, whose portfolio likewise consists of a 4GW battery storage system, has created, constructed, took care of and obtained more than 45GW and over 660 miles of transmission facilities.

"This acquisition, in addition to our various other investments in the tidy power room, highlights LS Power's commitment to scaling a diversified growth and operating platform that will certainly drive the decarbonization of our economic situation," said LS Power Chief Executive Officer Paul Segal.