LS Power has completed the acquisition of bp’s U.S. onshore wind business, BP Wind Energy North America.
The acquisition adds ~1,300 MW net ownership of operating onshore wind capacity across 10 projects to LS Power’s diversified portfolio of renewable, energy storage, flexible natural gas and renewable fuels assets. With this addition, LS Power operates more than 22,300 MW of American-based generation capacity along with more than 780 miles of high-voltage transmission lines.
“Completing this acquisition reflects our ability to identify and execute on opportunities that address today’s most pressing energy challenges,” said Paul Segal, Chief Executive Officer of LS Power. “With electricity demand surging and new development timelines extending, operating assets that can deliver clean, reliable power at meaningful scale are increasingly critical. We’re taking a ‘more of everything’ approach, pursuing opportunities across the energy landscape that help meet growing energy demand and position our renewable platforms for long-term growth.”
BP Wind Energy will be integrated into Clearlight Energy, one of LS Power’s renewable generation platforms operating across the United States and Canada. Clearlight Energy now manages ~4,300 MW of wind, solar, and battery storage assets, strengthening its capabilities as a leading independent renewable operator in North America.
The acquired projects — located across Indiana, Kansas, South Dakota, Colorado, Pennsylvania, Hawaii and Idaho — expand Clearlight Energy’s national footprint and enhance the diversity of its operating fleet.
The transaction closed on December 9, 2025, following the satisfaction of customary closing conditions, including regulatory approvals. Greenberg Traurig, LLP served as legal advisor and Barclays and Santander served as financial advisors to LS Power on the acquisition.
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