Eagle Creek Renewable Energy, LLC will now add the 19MW Worumbo hydroelectric facility on the Androscoggin River in Lisbon Falls, Maine, to its assets after acquiring project owners Brown Bear II Hydro Holdings, LLC.

The Worumbo facility will continue to supply energy to off-takers under a power purchase agreement. The hydroelectric facility will be managed and operated by Eagle Creek, and the transaction is expected to have no impact on the operations of the Worumbo facility.

“We are extremely pleased to announce this substantial acquisition,” commented Bud Cherry, CEO of Eagle Creek. “It is an another important step in achieving our long-term growth plan of increasing the scale of Eagle Creek, providing strong risk-adjusted returns for our investors and creating significant value for all of our stakeholders. This addition to our portfolio solidifies our position on the Androscoggin River, and it positions Eagle Creek to continue the substantial annual growth and value creation we have achieved since our founding in 2010.”