Business & Finance

Dutch pension fund invests in hydroelectric power development

The Dutch General Pension Fund for Public Employees (ABP) has closed an investment that will give it a 33% stake in Norwegian hydropower project operator Tinfos AS from French mining group Eramet.

Energisa hydropower plants acquired

Brookfield buying renewable portfolio, including hydropower, in Brazil

Brookfield Renewable Energy Partners LP is buying a 488-MW renewable energy portfolio in Brazil, including 163 MW of hydropower, from Energisa S.A. for $545 million.

JSW buys 300-MW Baspa II, 1,091-MW Karcham Wangtoo hydroelectric plants in India for US$1.8 billion

JSW Energy Ltd. (JSW) and Jaiprakash Power Ventures Ltd. (JPVL) executed an acquisition deal worth about US$1.8 billion for two of three power-generating facilities listed on a Sept. 24, binding Memorandum of Understanding (MoU). The 100% acquisition of two plants was executed in Mumbai, in the d...

NorthWestern Energy closes deal to purchase PPL Montana hydroelectric facilities

NorthWestern Energy has closed on the previously announced $900 million purchase of 11 hydroelectric facilities with a total capacity of 633 MW, as well as one storage reservoir, from electricity generator PPL Montana.

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World Bank seeks consultant to evaluate, expand Central Asia energy, water program

The World Bank invites expressions of interest from consultants to evaluate the Central Asia Energy-Water Development Program and provide data to guide the program in the future.

Wanapum, Priest Rapids rehab projects contribute to Grant PUD rate increase

Ongoing repairs and upgrades to the Wanapum and Priest Rapids dams will translate to slightly higher rates for ratepayers, according to the Grant County Public Utilities District.

IHA calls for candidates for Mosonyi Award for Excellence in Hydropower

The International Hydropower Association is now accepting proposals for candidates for its 2015 Mosonyi Award for Excellence in Hydropower.

Bucher appointed CFO of electricity provider Alpiq

Thomas Bucher will become chief financial officer of Swiss electricity provider Alpiq in April 2015. Bucher also replaced Patrick Mariller as a member of the company’s executive board.

Gravity Renewables to supply hydroelectric power to New York under remote net metering agreement

Gravity Renewables will provide 10 million kWh per year in small hydroelectric power through a partnership with the Municipal Gas and Electric Alliance (MEGA), the Colorado-based energy developer and operator announced earlier this month.

Hydro Industry Financials

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