LS Power said Monday it has signed a definitive agreement with NRG Energy Inc. to acquire six natural gas-fired power plants in Connecticut, New York, Rhode Island and Texas that total 4.9 gigawatts¹.

The New York-based developer and operator listed the plants as Jack County and Johnson County combined-cycle units in Texas, Ocean State Power in Rhode Island, Ravenswood in New York, R.W. Miller in Texas, and Wallingford in Connecticut¹.

LS Power said the NRG purchase, together with a pending acquisition of about 4.4 gigawatts from Constellation, would expand its natural gas generation fleet from 2.2 gigawatts to 11.5 gigawatts and its overall generation fleet, including hydro, solar, wind and storage, to more than 19 gigawatts¹.

Chief executive Paul Segal said "facilities that are already built, permitted, and interconnected deliver that power today" as demand grows¹.

The company said the acquisition is expected to close in 2027, subject to customary closing conditions and regulatory approvals¹.

LS Power's release did not state a purchase price¹. Reuters later published a report whose headline said NRG would sell six plants to LS Power for $4 billion; the full Reuters article could not be read for this filing².

Milbank LLP was legal adviser and Scotiabank and Evercore were financial advisers to LS Power, according to the company's statement¹.