More Business Transactions & Transitions

Alstom, Grenoble institute launch hydraulic machines chair

10/31/2014

Hydro equipment manufacturer Alstom has joined Partnership Foundation Grenoble INP to unite research efforts of academic laboratories in Grenoble and Alstom's global technology center to develop the hydraulic machines of the future.

Russian hydro utility partners with Siemens in development, equipment venture

10/31/2014

Russian hydropower utility RusHydro has signed a three-year strategic partnership with Siemens LLC Russia to refurbish hydropower and thermal plants, implement renewable energy projects including hydro, and manufacture power generation equipment.

U.S. extends financial adviser call for Pakistan's 4,500-MW Diamer Bhasha hydro project

10/31/2014

The U.S. Agency for International Development (USAID) has extended the deadline for bids to provide financial advisory services to the government of Pakistan for the proposed 4,500-MW Diamer Bhasha hydroelectric project on the Indus River.

The more things change …

10/30/2014

Here at PennWell’s Hydro Group, we’re a small team. So, as you can imagine, when the team is incomplete, it creates chaos in terms of work flow and productivity. 

Stender leaves NAES, forms consulting company

10/29/2014

John Stender, former director of business development with NAES Power Contractors, is now chief executive officer of Beacon Hills Consulting Services. 

Jacobs Associates, McMillen LLC announce merger plan

10/29/2014

San Francisco-based engineering and consulting firm Jacobs Associates and Boise, Idaho-based engineering and construction firm McMillen LLC announced plans to merge, forming McMillen Jacobs Associates.

Investing in European hydropower

10/27/2014

News that a Dutch pension fund asset manager and an alternative investment manager have formed a partnership to invest a targeted €500 million in the acquisition and development of European hydro plants signals a major shift in the perception of hydropower as an investment class.

Brayman Construction appoints Piedimonte president and COO

10/24/2014

Frank A. Piedimonte, P.E., is now president and chief operating officer of heavy civil and geotechnical contractor Brayman Construction Corp. 

Gallo to succeed Frank as president and CEO of hydro equipment manufacturer Voith Hydro

10/22/2014

Bob Gallo, current executive director of the Voith Corporate Service Center in North America, will succeed Kevin Frank as president and CEO of hydro equipment manufacturer Voith Hydro in York, Pa. 

Gravity Renewables, Skidmore College partner for hydroelectric power deal

10/20/2014

Small hydroelectric power developer Gravity Renewables Inc. has partnered with New York's Skidmore College in an agreement that will enable the university to meet 18% of its energy needs with power generated at the Chittenden Falls hydropower facility. 

IFC gains equity stake in Indonesia's 180-MW Asahan 1 hydropower project

10/15/2014

A US$280 million loan facility has given the International Finance Corporation a minority equity stake in energy producer Bajradaya Sentranusa (BDSN), supporting the operation of the 180-MW Asahan 1 hydropower project in Indonesia.

Austria firms to sell stake in developer Energy Eastern Europe Hydro Power

10/13/2014

Vienna utility Wien Energie GmbH and its Austrian partners invite expressions of interest to purchase from 49 percent to 100 percent of Balkans hydropower developer Energy Eastern Europe Hydro Power GmbH.

Four groups bid to build Argentina's 637-MW Chihuido 1 hydro project

10/10/2014

Argentine officials from several agencies opened financial proposals October 8 from four consortia bidding to construct the 637-MW Chihuido 1 hydroelectric project on the Neuquen River in Argentina's Neuquen Province.

U.S. awards hydro project funding to four Indian tribes

10/07/2014

The federal Office of Indian Energy and Economic Development has awarded $1.9 million to four Indian tribes for hydroelectric projects, including acquisition of 194-MW Kerr Dam in Montana.

Oil players looking to renewables

10/06/2014

Recent news that the heirs to the Rockefeller oil fortune are to divest some of their interests in fossil fuels in favour of clean technology indicates a significant change has taken place in the investment market lately.

Innergex closes financing for Canada's 21.2-MW Tretheway Creek hydro project

10/03/2014

Innergex Renewables Energy Inc. has closed C$92.2 million (US$87.2 million) in financing for the 21.2-MW Tretheway Creek hydro project in British Columbia.

Montana PSC issues final order approving PPL sale of 11 hydro plants to NorthWestern Energy

10/02/2014

The Montana Public Service Commission issued its formal final order approving PPL Montana's sale of 11 hydroelectric plants totaling 663 MW to NorthWestern Energy.

U.S. seeks financial adviser for Pakistan's 4,500-MW Diamer Bhasha hydro project

10/02/2014

The U.S. Agency for International Development (USAID) seeks bids to provide financial advisory services to the government of Pakistan for Pakistan's proposed 4,500-MW Diamer Bhasha hydroelectric project on the Indus River.

Ruhlin prepares for centennial celebration

10/01/2014

Construction firm Ruhlin Company has begun a year-long celebration in conjunction with the Ohio-based company's centennial in 2015.

Wales developer wins funding for initial work at 49.4-MW Glyn Rhonwy Pumped-Storage

09/29/2014

Wales developer Quarry Battery Co. announced its Snowdonia Pumped Hydro unit has received 3 million pounds (US$4.8 million) in private funding for initial work at the 49.9-MW Glyn Rhonwy Pumped-Storage project near Llanberis in Wales.


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