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

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.