LS Power Development

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LS Power is a development, investment, and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed, or acquired more than 46,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired, and battery energy storage projects, of which ~16,700 MW are currently operating. LS Power’s Energy Transition Platforms include CPower Energy Management, Endurant Energy, EVgo, Rise Light & Power, and REV Renewables, as well as Waste-to-Energy initiatives. In addition, LS Power developed and operates over 660 miles of high-voltage transmission, with an additional 100+ miles and multiple substations under construction. Across these efforts, LS Power has raised $49 billion in debt and equity financing to support North American infrastructure. Through 2021, assets under LS Power control avoided 80.67 million metric tons of CO2e, equivalent to nearly 187 million barrels of oil not consumed or over 17.5 million cars taken off the road for one year.

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3.3

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/Ethical Impact

Our industry is growing for the first time in decades; identifying and developing talent requires unwavering focus to maintain our competitive advantage. To aid us in this mission, our Powering Change initiative expanded our recruitment program to proactively seek qualified, talented candidates from Historically Black Colleges and Universities (HBCUs) and Hispanic Serving Institutions (HSIs), to complement our ongoing sponsorship programs that encourage women and other underrepresented communities in science, technology, engineering, and math (STEM) fields. Importantly, Powering Change works to embed a culture of diversity, equity, and inclusion (DE&I) into our employees’ shared purpose to decarbonize and transform the energy industry. We believe having diverse backgrounds and perspectives can foster innovation and create a competitive advantage that makes us all stronger. Moreover, our 100+ projects since inception across the country have created thousands of jobs for our neighboring communities, primarily in construction and operations, and generated more than $415 million to date in tax and other revenues. In 2021, we continued our philanthropic efforts, providing nearly $1.7 million in donations to groups including food banks, crisis centers, youth and STEM programs, environmental programs, and more. We seek to drive transformational change in our industry and believe innovation in both technology and business models will help accelerate the decarbonization of the electric grid to deliver cleaner, more affordable, and more reliable energy for current and future generations.

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Awards Received

2023

Revenues

$216,500,000.00

Website Traffic

Employee Rating

4.2

Customer Rating

3.6

Company Size

100-1000

ESG Risk Rating

3

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