NRG and LS Power Gas-Fired Power Plant and Demand-Response Deal
Planned · New York · Last reported Jun 2025
Source: Utility Dive
NRG Energy and LS Power have proposed a $12 billion deal where NRG would acquire about 13 GW of gas-fired generation and 6 GW of demand-response resources from LS Power. The deal includes capacity increases in PJM Interconnection and New York Independent System Operator markets, and involves a power purchase agreement for a 985-MW unit at the Ravenswood Generating Station in Queens, New York. The
- Status
- Prospective
- Sector
- Power Generation (CCGT), Power Transmission
- Location
- Queens, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Utility Dive
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | NRG Energy and LS Power have proposed a $12 billion deal where NRG would acquire about 13 GW of gas-fired generation and 6 GW of demand-response resources from LS Power. The deal includes capacity increases in PJM Interconnection and New York Independent System Operator markets, and involves a power purchase agreement for a 985-MW unit at the Ravenswood Generating Station in Queens, New York. The transaction is pending approval from the Federal Energy Regulatory Commission and the New York State Public Service Commission, with an expected closing early next year. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | Queens |
Source
Source | Utility Dive |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Power Transmission |
Article published date | 2025-06-19 |
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