Hull Street Energy has acquired Gauley River Power Partners, LLC – operator of an 80MW hydroelectric station in West Virginia, US – from Enel Green Power North America and GE Energy Financial Services.
The deal was the final part of a purchase and sale agreement executed by Hull Street Energy for the acquisition of thirty-one hydroelectric stations from EGPNA Renewable Energy Partners, LLC, a joint venture between Enel Green Power North America and GE Energy Financial Services. The other thirty hydroelectric plants were conveyed in January.
This final closing means Hull Street Energy affiliates now own fifty-two power generation stations providing 900MW of renewable, gas-fired, and dual-fueled generation capacity to support grid operations throughout the US.
Baker Botts LLP acted as legal counsel to Hull Street Energy.