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Deals

LS Power to acquire six natural gas power-generation assets from NRG Energy

Tuesday, November 10, 2026 · first reported by IREI

NRG Energy is selling six gas-fired power plants to LS Power under a definitive agreement. Together the plants have 4.9 gigawatts of capacity and sit in Connecticut, New York, Rhode Island and Texas. No financial terms were disclosed.

LS Power also has a pending deal for roughly 4.4 gigawatts from Constellation. With both purchases, its gas fleet would grow to 11.5 gigawatts, up from 2.2. In October the firm closed LS Power Equity Partners VI at $6 billion of total commitments.

Also named
NRG Energy
Fund
LS Power Equity Partners VI
Deal value
$6B
People
Paul Segal
Asset class
Infrastructure, Private equity
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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