LS Power Expands Its Renewable Portfolio with BP's Wind Acquisition

In a significant strategic move, LS Power has finalized its acquisition of BP's US onshore wind business, known as BP Wind Energy North America Inc., as of December 9, 2025. This acquisition marks a remarkable expansion for LS Power, particularly in its renewable energy segment, as it incorporates roughly 1,300 MW of net ownership of operational wind power across 10 key projects. By enhancing its capabilities, LS Power now boasts over 22,300 MW of generation capacity throughout the United States along with an extensive high-voltage transmission line network exceeding 780 miles.

A Vision for Renewable Energy
The decision to acquire BP's wind assets is part of LS Power's broader strategy to meet the surging demand for clean energy. CEO Paul Segal emphasized the increasing need for reliable power sources, stating, "Completing this acquisition reflects our ability to identify and execute on opportunities that address today's most pressing energy challenges." As electricity demand escalates and the timelines for new developments stretch, LS Power recognizes the critical importance of operating assets that can deliver substantial quantities of clean energy.

Integrating Strengths
The newly acquired wind projects will be absorbed by Clearlight Energy, one of LS Power's flagship renewable energy platforms that operates across the United States and Canada. Following the acquisition, Clearlight Energy controls approximately 4,300 MW of wind, solar, and battery storage assets. This strengthens its position as a prominent independent renewable energy operator, showcasing LS Power's commitment to a diversified renewable strategy.

Geographical Footprint
The projects acquired from BP are strategically located across several states, including Indiana, Kansas, South Dakota, Colorado, Pennsylvania, Hawaii, and Idaho. This geographical diversity enhances Clearlight's operational fleet and reinforces its national presence in the energy sector. The acquisition aligns with the company's vision of expanding operational excellence and increasing renewable energy capacity to meet the burgeoning demand.

Legal and Financial Advisory
The successful transaction was facilitated by meeting regulatory approvals and standard closing conditions. Greenberg Traurig, LLP acted as the legal advisor while Barclays and Santander provided financial advisory services throughout the acquisition process. Such partnerships illustrate LS Power's robust approach toward strategic growth in the competitive energy landscape.

About LS Power and Clearlight Energy
Founded in 1990, LS Power has emerged as a leading player in the North American power and energy infrastructure arena. With a strong emphasis on renewable energy solutions, the company has developed or acquired an impressive 50,000 MW of power generation capacity. Its subsidiaries are heavily involved in generating cleaner energy and developing transmission solutions crucial for contemporary energy needs. Clearlight Energy, established in 2025, reflects LS Power's dedication to renewable operations, managing extensive portfolios of utility-scale renewable projects.

In conclusion, as LS Power integrates BP Wind Energy's assets, its unwavering focus on sustainability and energy innovation stands out, solidifying its commitments and enabling substantial progress towards a greener future. This acquisition not only enhances their operational capacity but also significantly contributes to the clean energy movement across North America.

Topics Energy)

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