Energy Business
Molly Glick
Molly Glick
Energy Central Team
·Posted in Energy Business
Tue, May 19

NEWS: PE firm Hull Street Energy keeps snapping up hydro assets.

  • Hull Street is acquiring FirstLight from the Public Sector Pension Investment Board. The deal includes nearly 1.4 GW of Northeast renewable generation (mostly composed of the massive MA Northfield Mountain pumped storage hydro facility). 

  • Hull Street has been buying US hydro infrastructure for decades. Its subsidiary Confluence Hydro is currently waiting on state approval for a controversial transaction to acquire 13 aging Consumers Energy hydro dams…for $1 each.

1