LS Power Acquires ENGIE Services U.S. (rebranded as OPTERRA Energy Services)

OPTERRA Energy Services (LS Power) Acquires NORESCO from Carrier

July 27, 2026

IT Services

Carrier Global has signed a definitive agreement to sell its NORESCO business to OPTERRA Energy Services, a subsidiary of LS Power. The transaction is expected to close shortly and is intended to expand OPTERRA’s energy-services footprint and capabilities across North America.

LS Power Acquires bp's US Onshore Wind Business

December 9, 2025

Energy

LS Power completed the acquisition of bp’s US onshore wind business, BP Wind Energy North America Inc., adding approximately 1,300 MW of operating onshore wind capacity across 10 projects. The assets will be integrated into LS Power affiliate Clearlight Energy, expanding Clearlight’s national footprint and increasing LS Power’s North American renewable generation scale.

LS Power Completes Acquisition of Algonquin Power & Utilities’ Renewable Energy Business (Ex-Hydro)

January 8, 2025

Renewable Energy

LS Power completed its acquisition of Algonquin Power & Utilities Corp.'s renewable energy business (excluding hydro) for up to $2.5 billion. The deal adds operating wind and solar assets and expands LS Power’s renewable pipeline, with Clearlight Energy formed to manage the acquired operating assets and REV Renewables taking additional U.S. development projects.

Integrated Power Services Acquires Lighthouse Global Energy

October 24, 2023

Energy

Integrated Power Services (IPS) has acquired Lighthouse Global Energy, an Abilene, Texas-based OEM wind turbine parts supplier and manufacturer. The deal expands IPS's renewables offering—adding distribution, engineering, repair and manufacturing capabilities to support utility-scale wind power, particularly in West Texas.

LS Power Acquires GI Energy, Rebrands Company as Endurant Energy

May 6, 2021

Energy

LS Power completed the acquisition of distributed energy solutions provider GI Energy and has rebranded the business as Endurant Energy. LS Power will provide capital and operational support to scale Endurant's development, ownership and operation of distributed energy solutions including microgrids and battery energy storage systems; Endurant is headquartered in Chicago and has about 25 employees.

LS Power Acquires EVgo

January 16, 2020

Energy

LS Power has completed its acquisition of EVgo, the largest public fast-charging network for electric vehicles in the United States. The deal positions EVgo to accelerate network expansion and leverage LS Power’s energy infrastructure expertise to support growth and reliability across its nationwide charger footprint.