LS Power acquires renewable energy portfolio from Algonquin Power & Utilities Corp.
Type: Acquisition · Technology: Solar, Onshore Wind, Storage, Other · Country: United States · Value: $2.5B · Announced: 2024-08-09
LS Power agreed to buy more than 3 GW of operating renewable energy assets and about 8 GW of development projects from Algonquin Power & Utilities Corp. in a transaction valued at up to $2.5 billion, covering wind, solar, battery storage and renewable natural gas projects located primarily in the U.S. and Canada.
Counterparties
- Algonquin Power & Utilities Corp (Seller)
- LS Power (Buyer)
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