Competitive Power Highlights | April 2025
As load growth accelerates and states race to secure electric power supply, competitive generators across the U.S. are investing in reliable generation capacity, developing clean power projects, and giving back to their local communities. Read on for updates from Energy Capital Partners, Invenergy, J-Power USA, Jupiter Power, Lightsource bp, LS Power, NRG Energy, and Vistra Corp.
Energy Capital Partners & ADQ: Launch $25B partnership to develop 25+ GW of U.S. generation and infrastructure.
LS Power: Advances 300-MW behind-the-meter agreement to power a growing data center campus.
Jupiter Power: Closes $286M deal to build 300 MW of battery storage in Michigan and Texas.
Invenergy:
- Begins operations at 70-MW solar + storage facility in Arizona.
- Opens first U.S. clean hydrogen project in Illinois.
- Announces 303-MW natural gas plant in Wisconsin.
- Launches 300-MW solar facility in Texas with Honda and Tesla as offtakers.
Lightsource bp: Brings Prairie Ronde solar project online; McDonald’s signs full power purchase agreement.
NRG Energy: Wins Competitive Energy Supplier of the Year at EMC23.
Community Impact: LS Power, NRG, Vistra, and J-Power USA support education, food security, and first responders.
Energy Capital Partners announced a $25 billion partnership with ADQ to invest in power generation, primarily in the U.S.
Energy Capital Partners and ADQ announced that they established a joint partnership to build new generation and energy infrastructure, especially in the U.S. ECP, and ADQ are planning to invest more than $25 billion in over 25-gigawatts of projects with an expected initial capital contribution of $5 billion.
“AI will be a major driver of U.S. economic and job growth over the coming decade, but not unless ample new electricity supplies are developed,” said Doug Kimmelman, ECP’s Founder and Executive Chairman. “We are honored to build an investing partnership with ADQ to provide the electricity resources demanded by the rapidly growing AI data center sector where the build out of new power generation resources or ‘additionality’ in the U.S. will require significant, patient capital with a long-term horizon.
“As an active investor with a sharp focus on critical infrastructure and proven capability in building long-term partnerships, we are in a prime position to help address these shifting structural dynamics,” said His Excellency Mohamed Hassan Alsuwaidi, Managing Director and Group Chief Executive Office of ADQ. “Our partnership with ECP allows us to invest meaningfully in generation and related infrastructure assets that support accelerating demand for power, promoting the progress of these industries and helping to future-proof economies.”
LS Power plans behind-the-meter agreement to supply a data center
PJM Interconnection submitted a “necessary studies agreement” with the grid operator’s plan to study a behind-the-meter power purchase agreement between LS Power and a data center campus. LS Power would sell up to 300-megawatts under the 5-year agreement, and the data center campus is expected increase by one building each year.
Jupiter Power closed a $286 million deal to build a 300-megawatt BESS facility
Jupiter Power announced that it had closed a $286 million deal to construct a 300-megawatt battery storage portfolio with a site in Michigan and another in Texas. Both facilities are expected to come online before the end of 2026, bringing Jupiter Power’s operational fleet to nearly 2,200 megawatt hours of generation.
Invenergy begins commercial operations to deliver clean and affordable energy at its first solar facility in Arizona, opens its first clean hydrogen project in Illinois, and announces a 303-megawatt natural gas-fired power plant in Wisconsin
Invenergy announced that its 70-megawatt Yuma solar and storage project reached commercial operations, becoming its first solar facility in Arizona. The project supported over 250 jobs during construction and is now contracted to provide clean power for Arizona Public Services.
“Starting commercial operations at our first Arizona solar facility is a significant achievement, and I congratulate the Yuma Solar team and our strong community partners for building a multifaceted energy solution for the State,” said Jim Shield, Senior Executive Vice President and Chief Commercial Officer at Invenergy. “We thank APS for their continued collaboration as we invest in communities to meet growing consumer demand with cleaner, more reliable, affordable energy.”
Invenergy shared that its first clean hydrogen project began commercial operations. The Sauk Valley Hydrogen facility in Rock Falls, Illinois can produce up to 40 metric tons of clean hydrogen each year and has the capacity to store up to 400 kilograms on site. The project will use power from Invenergy’s co-located solar plant and electrolyzer technology from Ohmium International.
“A broad range of industries have identified the immense potential of clean hydrogen, and I am extremely proud that Invenergy has again invested in the talent and technology to pioneer a new energy asset with multiple end users,” said Joel Schroeder, Executive Vice President, Engineering and Technology at Invenergy. “I congratulate the elite team we assembled for building Sauk Valley, and I look forward to seeing their unmatched skills support the development of future clean hydrogen production facilities in our portfolio.”
Invenergy also announced a 303-megawatt natural gas-fired plant in Walworth County, Wisconsin. Foundry Ridge Energy Center, which can power 51,000 homes each year, is expected to generate $34 million in local taxes and create150 construction jobs and up to 12 full-time positions. Invenergy is currently undergoing site characterization and permitting before construction can begin.
Invenergy secured virtual power purchase agreements with Honda and Tesla
Additionally, Invenergy announced that it has launched it’s 300-megawatt Delilah Solar Energy center in Texas. Electricity from the facility is being purchased by Honda and Tesla via virtual power purchase agreements.
“Landowners and the larger local community were instrumental in Invenergy’s ability to reach commercial operations at Delilah I, create good jobs for Texans, and partner with WEC and automotive giants like Honda and Tesla to add more American energy to the grid,” said Bristi Cure, Senior Vice President, Renewable Development for Invenergy. “As the demand for electricity grows, Invenergy values every opportunity to support our customers’ operations with affordable, reliable, clean energy solutions that also generate meaningful economic impact for Americans across our project communities.”
Lightsource bp signed a power purchase agreement with McDonald’s
Lightsource bp announced that its Prairie Ronde solar plant in Louisiana is now online and McDonald’s has signed a power purchase agreement for the full estimated 327-GWh each year. The project is expected to generate $20 million for St. Landry Parish over the lifetime of the facility
“The Prairie Ronde solar project is a powerful example of domestic energy investment in action,” said Emilie Wangerman, chief operations officer of Lightsource bp USA. “Working together with our partners, we are building a more resilient grid with U.S.-made products, supporting underserved communities, creating jobs, introducing homegrown energy solutions and reducing our nation’s dependence on foreign imports.”
As part of the project, Lightsource bp started the St. Landry Parish Community Fund, which provides resources for local education and athletics. Lightsource bp also developed a Land Management and Biodiversity plan to help protect the local coastal habitats.
“Lightsource bp’s investment in St. Landry Parish represents a new day for our community and our schools,” said Jessie Bellard, St. Landry Parish president. “Their funding boosts job-creating development projects, stronger infrastructure, and better education for our children. With this support, St. Landry Parish is poised to become a regional leader in innovation and opportunity for all.”
NRG was named the Competitive Energy Supplier of the Year at EMC23
NRG Energy won Competitive Energy Supplier of the Year at the Energy Marketing Conference for its “exceptional leadership, innovation, customer experience, and industry impact over the past year.”
“NRG continues to lead the way in transforming how energy is delivered, understood, and valued by customers,” said Jack Doueck, Co-Founder of EMC. “Their commitment to innovation and technology, as well as their philanthropic efforts made them a standout in a competitive field. We are proud to honor them with this well-deserved recognition.”
“It is both an honor and a privilege to accept the 2025 Competitive Energy Supplier of the Year Award,” said Scott Hart, Senior Vice President and Head of Sales for NRG. “This recognition is a testament to the dedication, innovation, and relentless effort of our team in shaping the future of the energy industry.”
LS Power, NRG Energy, Vistra Corp, and J-Power USA give back to their local communities
LS Power continues to support STEM education and aspiring engineers in their local communities. LS power sponsored First Nevada’s robotics competition and other educational programs.
NRG Energy has also teamed up with the Dallas Cowboys for the 12th annual Reliant Home Run Derby on April 22nd.
In Somerset County, PA, Vistra Corp. and Dynegy donated $20,000 to the Center for Community Action, the Somerset County Mobile Food Bank, and the Children’s Aid Home Programs.
J-Power USA continues to give back to local communities by supporting the Pala Fire Department Boot Drive where donations will go towards the San Diego Burn Institute’s Camp Beyond the Scars, a camp to help youths who have survived burn injuries build self-esteem and share experiences.
