Willkie Farr & Gallagher LLP
05/12/2025 | News release | Distributed by Public on 05/12/2025 12:43
Willkie Advises LS Power on $12 Billion Sale of Power Portfolio to NRG Energy
Willkie Advises LS Power on $12 Billion Sale of Power Portfolio to NRG Energy
News
share
May 12, 2025
Willkie is representing LS Power Equity Advisors, LLC in its sale of a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant platform to NRG Energy Inc. (NYSE: NRG) in a $12 billion deal.
On May 12, LS Power announced that it entered into a definitive agreement under which NRG will acquire a portfolio of 18 natural gas-fired facilities as well as CPower, a leading commercial and industrial virtual power plant platform, in a cash and common stock transaction valued at approximately $12 billion enterprise value.
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions.
The Willkie team is led by Adam Turteltaub and includes partners Giovanni Smedley, Archie Fallon, Antonio Yanez and Robert Lepore and associate Christian Truman.
On May 12, LS Power announced that it entered into a definitive agreement under which NRG will acquire a portfolio of 18 natural gas-fired facilities as well as CPower, a leading commercial and industrial virtual power plant platform, in a cash and common stock transaction valued at approximately $12 billion enterprise value.
Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions.
The Willkie team is led by Adam Turteltaub and includes partners Giovanni Smedley, Archie Fallon, Antonio Yanez and Robert Lepore and associate Christian Truman.
Christian A. Truman Associate Corporate & Financial Services
Houston ctruman@willkie.com +1 713 510 1772
Related Practice Areas
Related Locations
Los Angeles
2029 Century Park East
Los Angeles , CA 90067-2905
Houston
600 Travis Street
Houston , TX 77002
Willkie Farr & Gallagher LLP published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 18:43 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io