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LS Power Completes Acquisition of Algonquin Power’s Renewables Unit

LS Power Completes Acquisition of Algonquin Power’s Renewables Unit

With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.

Comprised mostly of solar and wind farms across the U.S. and Canada

Algonquin Reaches $2.5B Deal to Sell Non-hydro Renewables Business

Algonquin’s transaction with LS Power is expected to close in fourth-quarter 2024 or first-quarter 2025, the company says.

et- roundup

Energy Transition in Motion (Week of Nov. 17, 2023)

Here is a look at some of this week’s renewable energy news, including Dominion Energy’s latest battery storage partnership.

LS Power, Monarch Energy Form Hydrogen Partnership

LS Power, Monarch Energy Form Hydrogen Partnership

As part of the effort, LS Power says it plans to invest up to $400 million into Monarch’s projects.