Business & Finance

Burundi seeks accountant for 31.5-MW Jiji, 16.5-MW Mulembwe hydro projects

Burundi's water and electric utility invites expressions of interest from accountants to handle records and accounts of the 31.5-MW Jiji and 16.5-MW Mulembwe hydroelectric projects being developed in Burundi's Bururi Province.

Canada invests in First Nation's 4.4-MW Winchie Creek hydro project

The Canadian government announced it is investing C$554,487 (US$502,391) in the Tla-o-qui-aht First Nation's 4.4-MW Winchie Creek hydroelectric project to be built in British Columbia.

Alterra completes financing for 62-MW Jimmie Creek hydro plant, wind project

Alterra Power Corp. has closed a C$110 million (US$100.5 million) loan facility to finance construction of the 62-MW Jimmie Creek hydro plant in British Columbia and the 204-MW Shannon wind power project in Texas.

Muller named to new position with Reclamation

Bruce C. Muller, Jr., is now Director of Security, Safety and Law Enforcement with the U.S. Department of Interior’s Bureau of Reclamation.

Vermont city buys 7.4-MW Winooski One hydroelectric project

The city of Burlington has completed purchase of the 7.4-MW Winooski One hydroelectric project from developer Winooski One Partnership.

Montana PSC approves PPL sale of 11 hydropower plants to NorthWestern Energy

The Montana Public Service Commission has approved PPL Montana's sale of 11 hydroelectric plants totaling 663 MW to NorthWestern Energy.

Hepler joins Schnabel Engineering

Thomas E. Hepler, P.E., is now working for Schnabel Engineering.

Bank seeks study update of proposed 680-MW Bistrica Pumped-Storage project

The World Bank invites expressions of interest from consultants to perform updated market and financial studies for the 680-MW Bistrica Pumped-Storage project proposed for Serbia's Uvac River.

Newfoundland appeals dismissal of 5,428-MW Churchill Falls contract challenge

Nalcor Energy's Churchill Falls (Labrador) Corp. has appealed a Quebec Superior Court judgment that upholds an agreement that requires Newfoundland to sell power from the 5,428-MW Churchill Falls hydroelectric project to Quebec for a fraction of its value.

U.S. consultant to help boost hydro investment in Georgia republic

Deloitte Consulting LLP of the United States has received a contract to help implement laws and regulations in the republic of Georgia governing water resources, facilitating investment in hydropower development and promoting energy trading between Georgia and neighboring countries.


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