Hull Street Energy has acquired 100% of the interests in Gauley River Power Partners, LLC, which operates an 80 megawatt hydroelectric generating facility in Summersville, West Virginia, from Enel Green Power North America and GE Energy Financial Services. The facility supplies reliable, zero-carbon energy to customers in the Mid-Atlantic region.
This transaction was completed pursuant to a purchase and sale agreement that was executed by Hull Street Energy for the acquisition of thirty-one hydroelectric stations from EGPNA Renewable Energy Partners, LLC, a joint venture between Enel Green Power North America and GE Energy Financial Services, thirty of which were conveyed in January of this year.
With this final closing, Hull Street Energy affiliates own fifty-two power generation stations providing 900 MW of renewable, gas-fired, and dual-fueled generation capacity to support grid operations throughout the United States.
Key data points: The growth forecast = 4.6% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in hydro turbine generator unit market to 2031 by type (small hydro(1-50MW), medium hydro(50-100MW), and large hydro(above 100MW)), application (impulse turbines and reaction turbines), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesBaker Botts LLP acted as legal counsel to Hull Street Energy.
