June 4, 2025

Capital Power wins FERC approval to acquire 2GW of gas-fired capacity in PJM from LS Power

The deal marks the Canadian company’s entry into the PJM market.

Acquisition Approval: Capital Power Corp. subsidiary Capital Power Investments LLC was cleared by FERC to acquire two gas-fired power plants in the PJM Interconnection LLC market from LS Power, according to a June 2 order. The transaction involves the transfer of 100% of the issued and outstanding equity interests in both entities. Deal Dynamics: LS Power is selling the 1,084-MW ...

Details:

Filing Date: June 2, 2025

Docket Numbers:

EC25-79

Short Summary:

Capital Power Corp. subsidiary Capital Power Investments LLC was cleared by FERC to acquire two gas-fired power plants in the PJM Interconnection LLC market from LS Power, according to a June 2 order. The transaction involves the transfer of 100% of the issued and outstanding equity interests in both entities.

Impact Level:

Categories:

Dealmaking & Transactions

Tags: Acquisitions & Dispositions, Natural Gas, Natural Gas-Fired Generators

Entities: Capital Power Corp.

Markets: PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest

States: Ohio, Pennsylvania

Regulators: FERC

Courts:

Documents:

Acquisitions & Dispositions – Application – Order Approving