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French utility acquires six hydro projects

GEG Source d'energies, a subsidiary of utility Gaz Electricite de Grenoble, has acquired six hydroelectric projects totaling 6.25 MW and purchased green certificates from another hydro owner totaling 19 gigawatt-hours.

Gaz Electricite said January 14 it acquired six hydro stations in Isere, Savoy, Doubs, and l'Aube departments of eastern France, plus a wind park of eight generators in Rivesaltes, totaling 7.6 MW and generation of 15.5 GWh.

The utility said it previously owned nine hydro projects totaling 18 MW and producing 75 GWh. The acquisition brings it to 15 hydro plants totaling 24.25 MW and 95 GWh of energy.

Additionally, Gaz Electricite President Jean-Paul Girard said the company concluded an agreement with Energie Developpement Services du Brianconnais (EDSB) to obtain green certificates totaling 19 GWh each year produced by EDSB's Pont Baldy hydro project and other smaller hydro plants in southeastern France.

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