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Announced

Completed

Hydro-Québec completed the acquisition of Great River Hydro from ArcLight Capital Partners for $2bn.

Financials

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Transaction Value£1,809m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

United States

Single Bidder

Private

Friendly

Majority

hydropower

Alternative Electricity

Private Equity

Completed

Synopsis

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Hydro-Québec, an electricity generating, transmitting and distributing company, completed the acquisition of Great River Hydro, a hydropower producing company from ArcLight Capital Partners, a private equity firm, for $2bn. "As a long-time owner and operator of hydroelectric assets across the United States, ArcLight was pleased to support Great River Hydro's establishment as a premier renewable energy infrastructure platform. We expect the Company to continue playing a leading role in the energy transition in New England, and we look forward to its ongoing success," Dan Revers, ArcLight Founder and Managing Partner.

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