LS Power to Acquire Rolling Hills Gas Fired Power Plant in US, from ArcLight Capital Partners

Deal In Brief

LS Power, a development, investment, and operating company focused on power generation, electric transmission and energy infrastructure, has agreed to acquire the Rolling Hills natural gas-fired power plant located in Wilkesville, Ohio, US, from ArcLight Capital Partners, LLC. The total installed capacity of the project is 835 MW

This facility consists of five simple cycle peaking units located in the PJM Interconnection. Rolling Hills will join LS Power's fleet of flexible gas-fired generation, a portfolio of assets

The transaction is expected to close in late Q3 2022.

Deal Type	Acquisition
Sub-Category	Asset Purchase
Deal Status	Announced: 2022-06-23

Deal Participants

Acquirer (Company)	LS Power Group
Vendor (Company)	ArcLight Capital Partners, LLC

Deal Rationale

% Acquisition

100%

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