LS Power Unloads Hummel and Rolling Hills Projects to Capital Power

Deal News | Apr 15, 2025 | LS Power Development LLC

LS Power Equity Advisors, through a private fund it manages, has agreed to sell two major energy projects, Hummel Energy Station and Rolling Hills Station, to Capital Power. These projects are significant energy assets, with Hummel being a 1,124 MW combined-cycle natural gas facility located in Shamokin Dam, Pennsylvania, and Rolling Hills a 1,023 MW combustion turbine facility. This transaction marks a strategic divestment for LS Power, a key player in the energy development sector.

Sectors

  • Energy
  • Private Equity

Geography

  • United States – Hummel Energy Station and Rolling Hills Station are located in the United States.
  • Canada – Capital Power, the acquiring company, is based in Canada.

Industry

  • Energy – The energy industry is involved due to the sale of major power generating stations, Hummel and Rolling Hills.
  • Private Equity – LS Power functions as a private equity firm managing energy assets through its funds.

Financials

    Participants

    NameRoleTypeDescription
    LS Power Development LLCSellerCompanyA private equity firm focused on North American power and energy infrastructure.
    Capital PowerBuyerCompanyA Canadian power generation company that will acquire the Hummel and Rolling Hills energy projects.
    Hummel Energy StationTargetCompanyA 1,124 MW combined-cycle natural gas facility in Shamokin Dam, Pennsylvania.
    Rolling Hills StationTargetCompanyA 1,023 MW combustion turbine energy facility.