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Announced

LS Power to acquire a portfolio of 42 run-of-river hydro facilities from Hull Street Energy.

Synopsis

LS Power, a development, investment and operating company focused on the North American power and energy infrastructure sector, agreed to acquire a portfolio of 42 run-of-river hydro facilities from Hull Street Energy, a capital market company. Financial terms were not disclosed. "With the addition of this large, geographically diverse, run-of-river hydroelectric portfolio, combined with our existing energy transition platforms, LS Power continues to lead the effort to develop a cleaner, more reliable, and more affordable energy ecosystem," Paul Segal, LS Power CEO.

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