More Business Transactions & Transitions

How Seattle City Light Personnel Became Fire and Rescue Experts


In "The Great Northwest," a hydroelectric project owner partnered with local communities to improve the level of safety and security in and around its facilities by taking the initiative to train company personnel to regulatory standards as emergency responders.

Cemig has operating right for 242-MW Jaguara hydropower plant revoked


The Brazilian Supreme Court ruled this week that utility company Cemig has no right to renew its contract to continue operating the 424-MW Jaguara hydropower plant.

FWEE sponsors geocaching activity to take place at HydroVision International


The Foundation for Water and Energy Education is hosting a geocaching activity at HydroVision International 2015 next month in Portland, Ore.

Report looks at how states are advancing clean energy, including hydro


A new report -- Clean Energy Champions: The Importance of State Programs and Policies -- investigates how U.S. states are advancing clean energy, including hydro.

Innergex closed financing for 40.6-MW Big Silver Creek hydropower plant


Innergex Renewable Energy Inc. has closed US$160.2 million in non-recourse construction and term project financing for the 40.6-MW Big Silver Creek hydropower project in British Columbia.

Australian company enters into technology agreement for MHK development within Indonesia


Australia-based Bombora Wave Power announced on June 22 that it has entered into a Technology Evaluation Agreement with Anoa Power of Indonesia in which Anoa would evaluate suitable deployment sites for Bombora marine hydrokinetic devices (MHK) while Bombora will confirm electricity generation capability across these locations. 

Mali, developer sign deal for 42-MW Kenie hydropower plant


Power and water utility Eranove Group has signed a 30-year concession agreement with the Republic of Mali to finance, develop, build and operate a 42 MW hydropower project on the Niger River.

Marine and hydrokinetic test bed EMEC announces restructuring


The European Marine Energy Centre has announced its intention to restructure following a year of change in the global wave and tidal energy market.

Azura device deployed for 12 months at WETS to commercialize marine hydrokinetics testing


Northwest Energy Innovations (NWEI) announced it successfully deployed its Azura wave energy device earlier this month at the U.S. Navy Wave Energy Test Site (WETS) near Kaneohe Bay, Oahu, Hawaii.  

Dawnus to perform main civil works rehab at Liberia's 64-MW Mount Coffee hydroelectric project


UK-based construction firm Dawnus International Ltd. has signed a US$62 million contract to construct main civil works associated with the reconstruction of Liberia's 64-MW Mount Coffee hydropower plant.

U.S.-based ContourGlobal completes deal for Armenia's 405-MW Vorotan hydropower project


New York-base CountourGlobal has finalized a $US180 million deal to acquire Armenia's 405-MW Vorotan hydroelectric plant, ending more than year of deliberations with the Armenian government.

World Bank's IFC invests in Pakistan's 102-MW Gulpur hydroelectric plant


The International Finance Corporation has announced a US$50 million investment in Pakistan's 102-MW Gulpur hydropower plant and the mobilization of an additional $72 million for the project.

TLSB selects Chinese company for Wales' Swansea Bay Tidal Lagoon project


Energy developer Tidal Lagoon Swansea Bay PLC has named China Harbour Engineering Company Ltd. as the preferred bidder for the 320-MW Swansea Bay Tidal Lagoon project in Wales.

Argentine government provides financing for 443-MW Los Blanco hydropower complex


Argentina's federal government has announced it will provide US964 million in financing for the construction of the country's 443-MW Los Blancos hydropower complex, according to state news service Telam.

IIC approves financing for Peru's 17.4-MW Yaracaya hydroelectric plant


The Inter-American Investment Corporation has approved a loan of up to US$12 million to Peruvian company Huaura Power Group S.A. to fund the construction and operation of the 17.4-MW C.H. Yarucaya hydropower plant.

Lucid, Cadiz enter agreement to develop in-pipe hydroelectric power system


Renewable power developer Lucid Energy and land and water resources development company Cadiz Inc. have agreed to a joint venture collaboration to generating hydroelectric power from a planned 43-mile-long water conveyance pipeline in California.

President of hydro plant owner PG&E plans to retire by end of year


Christopher P. Johns, president of hydro plant owner Pacific Gas and Electric Company, notified the company this week of his intention to retire at the end of 2015.

Hydro-Quebec posts net $1.8 billion in profit for first quarter 2015


Canadian provincial utility Hydro-Quebec reports its net profit was nearly $1.8 billion for the first quarter of 2015.

Hydro Research Foundation announces 2015 class of researchers


The Hydro Research Foundation has released its list of researchers for 2015.

World Bank via AGLI uses US$1 billion to support hydroelectric projects


The World Bank Group announced US$1 billion to support the African Great Lakes Initiative (AGLI) through various programs to help the countries in the region of the Democratic Republic of the Congo (DRC) improve their health and education services, expand cross-border trade and finance hydroelectric projects. 

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