LS Power is an American independent power company that owns, operates, and develops power generating stations, storage facilities, and transmission lines.[1] Founded in 1990, the company originally focused on developing and selling natural gas power plants, but has since expanded into developing renewable energy plants and transmission lines.[2] The company's approach focuses on competing to win transmission line contracts at a lower price than established utilities and using its large asset portfolio to develop projects with "high barriers to entry."[3] With a combined capacity of 2.3 GW of pumped storage hydropower and lithium-ion battery storage, LS Power has the largest non-utility owned energy storage portfolio in the United States.[4]
They own a portfolio of energy companies including EVGo, Endurant Energy, Rise Light & Power, and CPower Energy Management. In 2021, LS Power created REV Renewables as a subsidiary focused on renewable energy and energy storage.