Announced
Financials
Tags
Acquisition
Friendly
Majority
Canada
hydroelectric
Single Bidder
Private
Renewable Energy Equipment
Domestic
Pending
Synopsis
Hydromega Services, an independent power producer, agreed to acquire the Ayers‐1 and Ayers‐2 hydroelectric generating stations of Ayers. Financial terms were not disclosed. “We are delighted to have concluded this acquisition in Quebec where we have been established for almost 35 years. In addition, these facilities are located less than an hour from our head office in Montreal and are therefore easily accessible to our operations team. The excellent collaboration by the Ayers family also allows for a smooth transition” Jacky Cerceau, Hydromega President.
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