LS Power Group
Private equityNew York · 13 people tracked
Investment thesis
LS Power focuses on developing and delivering reliable, affordable, and increasingly clean energy that can be scaled today. It builds a balanced ecosystem of conventional and renewable resources through utility-scale generation, electric transmission systems, and platform businesses spanning solar, natural gas, hydroelectric, wind, battery storage, and transmission. Through LS Power Solutions, the firm deploys capital into energy infrastructure businesses that modernize the grid, positioning them for commercial success and enabling emerging energy technologies to support homes, businesses, and communities across America.
Source: firm website, verified Aug 6, 2026.
Team · 13 people
from the firm's website
Investments · 5 tracked
founders shown can be your intro pathMarket leader in demand response and distributed energy resources management in North America (sold to NRG Energy in 2025).
250 MW battery storage in San Diego, the world's largest battery when energized in August 2020.
One of the largest independent power producers in America, with an ~11 GW natural gas operating portfolio.
Power project capable of powering 700,000+ homes.
40MW battery energy storage project, the largest battery in the U.S. when energized in 2018.
Fund performance · per public LP disclosures · 2
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| LS Power Equity Partners V, L.P.LPs: Pennsylvania Public School Employees' Retirement System, West Yorkshire Pension Fund | 2023 | — | 62.5% | 1.36x | 0.15x |
| LS Power Equity Partners IVLPs: West Yorkshire Pension Fund | — | — | — | 1.81x | 0.84x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What sectors does LS Power Group focus on?
- LS Power Group focuses on Cleantech, Energy.
- Where is LS Power Group located?
- LS Power Group is headquartered in New York, US.
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