Eagle Creek Renewable Energy has purchased the majority of the companies and generating facilities owned by North American Hydro Holdings. Terms of the deal were not disclosed.
As part of the transaction, Eagle Creek has acquired ownership or leasehold interests in 26 facilities with a total generating capacity of approximately 40 MW. William D. Harris, one of North American Hydro’s owners, will retain the remaining entities and generating facilities.
Eagle Creek currently owns and operates three hydroelectric facilities on the Mongaup River in New York with a total generating capacity of 20 MW. The new acquisition will increase Eagle Creek’s footprint to 60 MW in the hydroelectric industry in the U.S.
North American Hydro will remain headquartered in Neshkoro, Wisc. and Eagle Creek will maintain its corporate headquarters in Morristown, NJ.
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