The facilities, which together produce about 100 million kWh of renewable energy annually, will be integrated with Eagle Creek’s existing hydroelectric power plants in New York, under the management team comprised of Eagle Creek employees and former Algonquin employees.
Eagle Creek’s total number of operating hydro plants has now reached to 40, spanning seven states with a total renewable capacity of 90MW and annual generation of 310GWh.
Besides, the company is also developing three new projects totalling 4MW capacity that will add 16GWh to the annual generation portfolio.
Eagle Creek CEO Bud Cherry said that the company has completed a strategic acquisition of projects from Algonquin Power and the transaction strengthens its position in the Northeast hydropower market.
"Eagle Creek’s growth began with our first purchase of hydro facilities in 2010, and we look forward to continuing our expansion into the future," added Cherry.
