LS Power Group

LS Power Group is a prominent developer, owner, operator, and investor in power generation and electric transmission infrastructure across the United States. The company focuses on creating cost-effective, efficient, and cleaner energy solutions for consumers while enhancing the functionality, reliability, and resilience of the aging transmission system. LS Power Group also invests in businesses and platforms that support the transition to clean energy, emphasizing distributed energy resources and energy efficiency. Through its initiatives, LS Power aims to improve the overall energy landscape and contribute to a sustainable future.

David Nanus

President

6 past transactions

Algonquin Power & Utilities - Renewable Energy Business

Acquisition in 2024
Algonquin Power & Utilities - Renewable Energy Business provides renewable energy services (excluding hydro).

Monarch Energy

Series A in 2023
Monarch Energy operates a green hydrogen project development platform. They convert abundant renewable power supplies into clean fuels to decarbonize segments of the economy that are difficult to electrify.

Crux

Seed Round in 2023
Crux is the capital markets technology company changing the way clean energy and manufacturing projects are financed in the U.S. Crux’s platform, market intelligence, and expert team help developers and manufacturers raise capital through all stages of project development and operation. The company’s first offering is the leading platform for tax credit transfers. Since its launch in 2023, Crux has raised more than $27 million in funding from venture capital and strategic investors. Crux’s world-class team brings together expertise from energy, tax, finance, government, and technology to power an abundant, resilient, and secure energy future. For more information, visit https://www.cruxclimate.com/.

Pluglink

Series A in 2022
Pluglink is an electric vehicle charging platform that specializes in the installation and management of electric vehicle charging infrastructure. The company focuses on enhancing the customer experience by offering convenient charging solutions and affordable energy options. By providing accessible charging points, Pluglink aims to support the transition to electric mobility and promote sustainable growth for a cleaner future.

EVgo

Acquisition in 2019
EVgo operates a public fast-charging network for electric vehicles in the United States, providing essential charging infrastructure for both consumers and businesses. Its network features fast chargers that can deliver up to 90 miles of range in just 30 minutes and is compatible with all electric vehicle models that utilize DC fast charging. To expand its reach, EVgo partners with a variety of organizations, including grocery store chains, automotive manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments, and independent property owners. This collaborative approach allows EVgo to effectively deploy its charging stations in convenient locations, enhancing accessibility for electric vehicle drivers.

CPower

Acquisition in 2018
CPower is an energy management company that focuses on providing energy conservation and management consulting services to commercial, industrial, and government organizations in the United States. The company specializes in energy storage, clean energy solutions, and peak demand management. CPower develops optimized energy management strategies that help clients streamline their energy usage, reduce costs through demand response participation, and achieve sustainability goals. Their offerings include revenue generation, energy conservation measurement, usage forecasting, and strategic consulting, enabling clients to save on energy costs, earn revenue through energy curtailment, and contribute to a balanced and reliable energy grid.
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