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).
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.
