Fund profile / United States

LS Power Equity Partners Fund V

Geography: United States
Stage: Growth
Fund size: $2.7B
Focus: Climate & Sustainability, Energy Tech and Infrastructure Tech
Signals: Published

N°01 / About

About LS Power Equity Partners Fund V

LS Power Equity Partners Fund V is a venture capital firm based in United States, focusing on Growth stage investments. The fund actively supports founders building innovative solutions in Energy Tech, Climate & Sustainability, Infrastructure Tech, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageGrowth

Industry Focus

Climate & Sustainability

Energy Tech

Infrastructure Tech

Investor Signals Profile

active

Sweet Spot

Energy infra founders with grid-scale transmission/storage expertise

energy infrastructure

transmission

power grid

competitive projects

California energy

energy storage

battery systems

community choice aggregation

Southwest Intertie

SWIP-North

regional grid reliability

WEIM

EDAM

Bullish Signals

CAISO selects LS Power for Bay Area transmissionexternal

Active competitive transmission project winsexternal

Apr 2026 CAISO win confirms active deploymentwebsite

Jun 2026 eight-hour storage launch with CCAexternal

REV Renewables + NorCal CCAs first eight-hour storage liveexternal

Great Basin Transmission expanding to Magic Valley/Twin Fallsexternal

Great Basin Transmission Southwest Intertie groundbreaking Sept 2026external

SWIP-North: multi-state grid link Nevada-Idaho-Californiaexternal

LS Power + NV Energy + Idaho Power collaborationexternal

WEIM/EDAM market expansion via transmissionexternal

Contrarian Signals

Heavy infra focus — software plays unlikelyexternal

Utility-scale only — niche entry barexternal

Founder Do's

Focus on energy infrastructure scale

Show grid-level impact potential

Highlight regulatory navigation experience

Demonstrate capital-intensive project readiness

Emphasize long-duration storage capability

Partner with CCAs for deployment

Pursue multi-state interconnection projects

Enable WEIM/EDAM market participation

Founder Don'ts

Avoid early-stage unproven tech

Don't pitch without infrastructure angle

No consumer-facing soft tech

23 signals on LS Power Equity Partners Fund V

10 bullish · 2 contrarian · 8 pitch do's · 3 don'ts, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$2.7B

Saves0

Website

People

Key People

Paul Segal, David Nanus, Darpan Kapadia

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