Firstlight Power To Acquire Leading Canadian Renewable Operator And Developer Hydromega Services Inc., Including Ownership Interest In Ten Operating Hydroelectric Assets And A Large Clean Energy Development Pipeline
Acquiring Company
FirstLight Power
Acquired Company
Developer
Description
FirstLight Power (FirstLight), a leading clean power producer, developer, and energy storage company, today announced that it has finalized an agreement to acquire Hydromega Services Inc. (Hydroméga), including ownership interest in five hydropower generating stations in Québec and five additional hydropower generating stations in Northeastern Ontario. In addition, FirstLight will add Hydroméga’s clean energy development pipeline that includes over 2 gigawatts (GW) of wind, solar, storage, and hydroelectric projects, doubling FirstLight’s development pipeline to approximately 4 GW in the United States and Canada. The transaction is expected to close in Q4 2023 and is subject to customary closing conditions.
Quick answer
FirstLight Power is acquiring Developer and Operator, announced September 14, 2023.
- How much did FirstLight Power pay for Developer?
- The deal value was not disclosed.
- What does FirstLight Power do?
- FirstLight Power (FirstLight) is a leading clean power producer, developer, and energy storage company serving North America.
Source: Fundz verified event record.
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- Squarespace Completes Acquisition Of Google Domains Assets (September 7, 2023)
Who to call at FirstLight Power, and when
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Frequently asked
Who acquired Developer?
Developer was acquired by FirstLight Power. The deal was reported on September 14, 2023. FirstLight Power (FirstLight) is a leading clean power producer, developer, and energy storage company serving North America. FirstLight Power is privately held and operates in Energy.
When did FirstLight Power acquire Developer?
FirstLight Power's acquisition of Developer was reported on September 14, 2023. FirstLight Power (FirstLight), a leading clean power producer, developer, and energy storage company, today announced that it has finalized an agreement to acquire Hydromega Services Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Developer do?
Academic work and personal information for Tim Scarfe It is privately held.
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