Untitled Document

Brookfield Renewable completes acquisition of New England hydropower projects

Brookfield Renewable

Brookfield Renewable Energy Partners L.P. has completed its acquisition of 19 hydropower projects and eight upstream storage reservoirs from a subsidiary of NextEra Energy Resources, LLC.

The lot -- comprised of facilities primarily located on the Kennebec, Androscoggin and Saco rivers in Maine and New Hampshire -- is valued at about US$760 million and will add 351 MW of hydroelectric power to Brookfield Renewable's portfolio.

Brookfield Renewable (TSX: BEP.UN) said it now owns nearly 1,300 MW of installed hydropower capacity in New England markets.

HydroWorld.com reported that Brookfield Renewable and NextEra Energy had agreed to the deal in December 2012.

Related Articles

Idaho Power emphasizes hydroelectric power's importance in most recent Integrated Resource Plan

A 144-page document released this week by Idaho Power reinforces hydroelectric power's impor...
Baird joins Hatch

Baird appointed global strategic advisor at Hatch

The Hon. John Russell Baird P.C. has been appointed global strategic advisor at Canadian eng...

Partners break ground on 9.7-MW Datara small hydroelectric project in Indonesia

A three-party joint venture recently broke ground on the 9.7-MW Datara small hydropower plan...

Eagle Crest buys site for 1,300-MW pumped-storage hydro project

Eagle Mountain LLC has agreed to buy the Kaiser Eagle Mountain mine near Desert Center, Cali...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
03/01/2015
Volume 23, Issue 2

Buyers Guide Products