Veresen acquires small hydro projects in British Columbia

Veresen Inc has completed a $114.9 million deal with Enmax Corp to acquire a portfolio of small hydroelectric facilities and development projects in British Columbia, Canada.

The assets acquired from Enmax include a 99 percent interest in the 11-MW Furry Creek hydroelectric facility, 100 percent interest in two 11-MW Clowhom hydroelectric facilities and a 50 percent interest in the 15-MW Culliton Creek small hydro project.

Veresen also announced that Aux Sable Canada L.P., in which Veresen holds a 50 percent interest, has purchased a recently completed-expansion to its Septimus Gas Plant near Taylor, B.C.

Veresen Inc, formerly Fort Chicago Energy Partners LP, converted from a limited partnership to a corporation under the new name on Jan. 1, 2011.

For more hydropower news and information, click here

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Most Read Articles

Recent Comments

Buyers Guide Companies

Canadian Babbitt Bearings Ltd

Flowtite Pipe

Brings directly to the US and Canadian markets ...

Canadian Specialty Castings Inc

Canadian Hydro Components Ltd

Designs and manufactures axial flow, Kaplan and...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

07/01/2014
Volume 33, Issue 6
file
07/01/2014
Volume 22, Issue 4
file

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues