LS Power to acquire Brazos Valley gas-fired power plant from Constellation

Published Aug 6, 02:51 PM UTC

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LS Power has agreed to acquire the Brazos Valley gas-fired power plant from Constellation Energy. This transaction fulfills a regulatory divestiture commitment that was tied to Constellation's planned acquisition of Calpine in 2025. The deal is part of the conditions set by regulators to approve the larger merger between Constellation and Calpine. The specific terms of the acquisition were not disclosed in the brief announcement. The plant is located in Texas and is a natural gas-fired facility. This move allows Constellation to comply with antitrust or competition requirements while LS Power expands its generation portfolio.

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PE HubWestern

Original language: EN-US