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January 28, 2026

Willkie successfully secured antitrust clearance from the U.S. Department of Justice for LS Power Equity Advisors, LLC’s sale of 18 natural gas generation facilities and a commercial and industrial virtual power plant platform to NRG Energy Inc. (NYSE: NRG) in a $12 billion deal.

NRG Energy recently announced that it received antitrust clearance as well as all other regulatory approvals for its acquisition of the LS Power portfolio, clearing the way to close the previously announced deal. 

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy transition solutions.

The Willkie antitrust team representing LS Power is led by partner Robert Lepore and includes counsel Agathe Richard, associates Kathryn Garrett and Kim Aquino, and law clerk Kevin Senra Rivero.

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