Funds managed by Apollo have plans to acquire Eagle Creek Renewable Energy, an independent owner and operator of hydroelectric facilities across the United States, for an undisclosed amount.
Eagle Creek owns and operates 85 hydroelectric facilities across 18 states, providing renewable power to support rapidly growing energy demand from data center infrastructure and the Industrial Renaissance in the United States. The company’s nearly 700-megawatt portfolio makes it one of the largest and most diversified independent hydro platforms in the country. Its facilities produce enough electricity to power more than 260,000 homes.
“The Eagle Creek team has built one of the leading independent hydro portfolios in the United States, with a strong safety and performance track record and a diversified footprint,” said Joseph Romeo, partner at Apollo. “We see significant opportunity to support the business in its next phase, further expanding the platform and providing rel
