Key facts
- LS Power LLC is in advanced talks to acquire EDF's North American renewable power business.
- Rising energy demand from data centers is a factor in the potential deal.
- The information comes from people familiar with the matter.
LS Power LLC is reportedly in the final stages of negotiations to acquire the North American renewable power assets of Electricite de France SA. This potential transaction is being driven by the escalating demand for energy, particularly to power the growing number of data centers. The information was disclosed by individuals with knowledge of the situation.