Hull Street Energy has acquired 100 percent of the interest in Gauley River Power Partners, which operates an 80-megawatt hydroelectric generating facility in Summersville, W. Va., from Enel Green Power North America and GE Energy Financial Services.
The facility supplies 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 31 hydroelectric stations from EGPNA Renewable Energy Partners, a joint venture between Enel Green Power North America and GE Energy Financial Services; 30 of which were conveyed in January of this year.
With this final closing, Hull Street Energy affiliates own 52 power generation stations providing 900 megawatts of renewable, gas-fired and dual-fueled generation capacity to support grid operations throughout the United States.
