News

Canadian Company Says It Plans to Buy Hydroelectric Plants

Canadian Company Says It Plans to Buy Hydroelectric Plants

Photo: 560 WGAN Newsradio


JAY, Maine (AP) A Canadian power company says it expects to purchase dozens of hydroelectric plants across the U.S. by the end of the year, including four in Maine.

The plants are located in Jay, Livermore and Livermore Falls and are currently operated by Eagle Creek Renewable Energy LLC. The Sun Journal reports Ontario Power Generation announced on Aug. 9 it had entered into a purchase and sale agreement with Hudson Clean Energy partners and others to acquire 100 percent of the equity of Eagle Creek.

New Jersey-based Eagle Creek owns 63 hydroelectric facilities in the U.S. and has 216 megawatts of in-service capacity.

Ontario Power says it plans to retain Eagle Creek’s management team and operational employees.

Latest Headlines

2 hours ago in Local

Mills Could Announce U.S. Senate Run Next Week

Fresh

Axios reports a source says the announcement will certainly happen this month

4 hours ago in Local

UMaine Fort Kent Hosting First-Ever Poutine Fest

The gathering is being described as a way to celebrate the  Acadian culture.

5 hours ago in Local

State Fire Marshall Investigating Buxton Fire in Grass, Woods

The Buxton Fire Department was called in and extinguished the fire.

6 hours ago in Local

Fire at Lewiston warming center leaves one person injured

A woman was injured in a fire at a warming center in Lewiston.

6 hours ago in Local

Remains found in Kennebec County during missing person investigation

Police are investigating after human remains were discovered Tuesday morning in Clinton.