LS Power Completes a Refinancing of Wallingford Energy
New York, NY December 17, 2015 --
LS Power Equity Advisors, through a private fund it manages, announced today it has completed a refinancing of Wallingford Energy, 225 MW gas-fired power generation facility located in Connecticut.
The new financing comprises of a $120 million, seven-year term loan and a $10 million revolving facility.
About LS Power:
Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri, California and Texas. LS Power is a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States. Since inception, LS Power has developed, constructed, managed or acquired more than 30,000 MW of competitive power generation and 470 miles of transmission infrastructure, for which it has raised over $29 billion in debt and equity financing. For more information, please visit www.LSPower.com.