LS Power

Profile

LS Power is a private equity energy investor based in New York, established in 1990. The firm was founded to create innovative pathways and solutions in the power and energy sector. Led by CEO Paul Segal, LS Power consists of a team that leverages hands-on development and operational experience across the industry. They are known for solving complex energy challenges and improving energy infrastructure, with a focus on anticipating the evolving needs of the U.S. power system.

LS Power invests in sectors such as renewable energy, conventional power generation, energy storage, and distributed energy resources. The firm primarily operates in North America, making investments in infrastructure that span various electricity markets. Their investment vehicles have attracted commitments from a wide range of investors, including pension funds, insurance companies, and sovereign wealth funds. Their notable funds include Fund V and Fund VI, with a combined AUM of approximately $19.8 billion.

Notable investments by LS Power include significant asset acquisitions from Constellation Energy, which will form a 5 GW gas-fired generation platform across the Mid-Atlantic PJM and ERCOT markets. The firm is known for its strategic investments in critical energy infrastructure that provide reliable and affordable power solutions.