LS Power targets $2 bln for power-generating assets


private equity, LS Power, energy, environment, pension fund, merger, M&A, Teachers’ Retirement System of Louisiana
Smoke billows from the chimneys of Belchatow Power Station, Europe's biggest coal-fired power plant, in this May 7, 2009 file photo. REUTERS/Peter Andrews/Files
LS Power Equity Advisors is targeting $2 billion for a new fund that will invest in U.S. energy-infrastructure assets, a Hamilton Lane report prepared for Teachers’ Retirement System of Louisiana shows. The $19.6 billion retirement system’s board approved a commitment of ...

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