SUBSCRIBE
PROFILE

LS Power to acquire 2.1 GW of natural gas generation portfolio

LS Power continues its expansion into the energy sector by announcing the acquisition of 2,145 MW of natural gas generating capacity in northern ERCOT, Texas. This acquisition strengthens LS Power's energy transition portfolio, which also includes renewable energy, energy storage and transportation infrastructure.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99€/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

LS Power announced today that it has entered into an agreement with Brazos Electric Power Cooperative to acquire 2,145 megawatts of natural gas generation in the northern ERCOT region of Texas through a special purpose subsidiary.

Three production projects

The portfolio has dual fuel capacity, significant on-site fuel oil storage and firm gas transportation and storage arrangements. The three generating projects are Jack County with two base load combined cycle units totaling 1,297 MW located in Jack County, Johnson County with a 280 MW combined cycle plant located in Johnson County, and RW Miller with four peaking units totaling 568 MW located in Palo Pinto County.

Johnson County and RW Miller are dual-fuel resources with significant on-site fuel oil storage that provides security of fuel supply during periods of gas scarcity, while Jack County has firm gas transportation as well as firm storage arrangements.

LS Power diversifies its energy portfolio

LS Power’s 14,000 MW gas generation fleet (16,000 MW post-closing) is a key component of its energy transition portfolio, which also includes more than 3,000 MW of wind, solar, hydro and energy storage, as well as demand response programs, microgrids, renewable fuels, electric transportation and transmission infrastructure. The transaction is expected to close in early June after receipt of customary regulatory approvals.

  • Popular on energynews.pro
Entech and Primeo Energie launch joint venture for 100 MW of battery storage by 2029
Haffner Energy launches 100-tonne-per-day biomethanol project in California
SBM Offshore raises 2025 forecast after 26% revenue surge
UK to install three Rolls-Royce small modular reactors at Wylfa nuclear site
rPlus Energies strengthens its portfolio with 900 MW of solar and storage projects in Idaho
ADNOC Gas posts record $1.34 billion profit in Q3
UAE-based ADNOC Gas reports its highest-ever quarterly net income, driven by domestic sales growth and a new quarterly dividend policy valued at $896 million.
Caprock Midstream expands Texas gas network and appoints Steve Jones as CEO
Caprock Midstream II invests in more than 90 miles of gas pipelines in Texas and strengthens its leadership with the arrival of Steve Jones, supporting its expansion in the dry gas sector.
Harvest Midstream takes over Kenai LNG terminal to strengthen Alaska’s energy security
Harvest Midstream has completed the acquisition of the Kenai liquefied natural gas terminal, a strategic move to repurpose existing infrastructure and support energy reliability in Southcentral Alaska.
Dana Gas explores return to Syria with SPC amid Western sanctions relief
Dana Gas signed a memorandum of understanding with the Syrian Petroleum Company to assess the revival of gas fields, leveraging a legal window opened by temporary sanction easings from European, British and US authorities.
Egypt activates a public investment lever with the new Badr-15 gas well
With the commissioning of the Badr-15 well, Egypt reaffirms its commitment to energy security through public investment in gas exploration, amid declining output from its mature fields.
Venture Global signs 20-year LNG supply agreement with Mitsui
US-based Venture Global has signed a long-term liquefied natural gas (LNG) export agreement with Japan’s Mitsui, covering 1 MTPA over twenty years starting in 2029.
Natural Gas Services raises 2025 guidance after 14.6% increase in adjusted EBITDA
Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.
Putin and Tokayev strengthen regional energy partnership with Uzbekistan
The visit of Kazakh President Kassym-Jomart Tokayev to Moscow confirms Russia's intention to consolidate its regional energy alliances, particularly in gas, amid a tense geopolitical and economic environment.
CSV commissions Albright plant, expanding sour gas processing deployment in Canada
CSV Midstream Solutions launched operations at its Albright facility in the Montney, marking a key milestone in the deployment of Canadian sour gas treatment and sulphur recovery capacity.
Glenfarne forms strategic alliance with Baker Hughes to accelerate Alaska LNG
Glenfarne has selected Baker Hughes to supply critical equipment for the Alaska LNG project, including a strategic investment, reinforcing the progress of one of the largest gas infrastructure initiatives in the United States.
Gas Liquids Engineering secures construction clearance for Canada’s REEF terminal
Gas Liquids Engineering completed the engineering phase of the REEF project, a strategic liquefied gas infrastructure developed by AltaGas and Vopak to boost Canadian exports to Asia.
KNPC plans gas production increase to 18.3 million cylinders by 2027
Kuwait National Petroleum Company aims to boost gas production to meet domestic demand driven by demographic growth and new residential projects.
Jinhong Gas invests in Spain with a strategic cryogenic unit
Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
Three U.S. gas basins reshape prices, flows and contracts
Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.
AltaGas raises $460mn to strengthen financial structure and retain MVP
AltaGas finalises a $460mn equity raise linked to the strategic retention of its stake in the Mountain Valley Pipeline, prompting credit outlook upgrades from S&P and Fitch.
Vallourec to deliver over 30,000 tonnes of pipes for TotalEnergies in Iraq
TotalEnergies has tasked Vallourec with supplying tubular solutions for drilling 48 wells as part of its integrated gas project in Iraq, reinforcing their ongoing industrial cooperation on the Ratawi field.
JERA launches environmental assessment for 2.6GW gas plant project in Sodegaura
The Japanese energy group plans to replace four steam turbines at its Sodegaura site with three combined-cycle gas turbines, with full commissioning targeted for 2041.
Petrus Resources increases quarterly production and reduces net debt
Petrus Resources recorded a 7% increase in production in the third quarter of 2025, along with a reduction in net debt and a 21% rise in cash flow.
Venture Global signs 20-year deal to supply LNG to the Balkans via Greece
Venture Global has signed a liquefied natural gas sales agreement with Atlantic-See LNG Trade S.A., a newly formed Greek joint venture, to supply 0.5 million tonnes annually starting in 2030, reinforcing regional energy security.
INNIO and KMW build 54 MW gas-fired power plant to secure data centres
INNIO and KMW partner to construct a 54 MW modular gas power plant in Mainz, designed to stabilise the grid and ensure supply to the future Green Rocks data centre.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

START - 99€/year

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.