Santander Corporate & Investment Banking has acted as financial advisor to LS Power on the acquisition of a portfolio of gas-fired power generation assets in the PJM market from Constellation, valued at $5.0 billion.

This strategic transaction strengthens LS Power’s thermal generation platform, adding approximately 4.4 GW of predominantly natural gas-fired capacity across Delaware and Pennsylvania. It further enhances the company’s positioning within the US power market.

The transaction highlights Santander’s strong expertise in the Power & Energy sector, as well as its robust M&A advisory capabilities, reinforcing its role as a trusted partner in complex energy transactions.

Subscribe to Directory
Write an Article

Highlight

Axon moves into Cloud Technology

by Axon Partners Group

cloud technology axon

Creand enters into an agreement with Cre...

by Crescenta

Under the agreement, Creand will offer its Wealth Management clients C...

Photos Stream