trending Market Intelligence /marketintelligence/en/news-insights/trending/dGwyYRa2F8evCqOckl3fVw2 content esgSubNav
In This List

Kruger Energy acquires hydro, solar facilities


Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024

Kruger Energy acquires hydro, solar facilities

Kruger Energy Inc. has acquired the 3.4-MW Emeryville hydroelectric facility in Saint Lawrence, N.Y., and the 500-kW Red Toad II rooftop solar facility near Raleigh, N.C., according to a May 31 release.

The addition of the Emeryville facility increases the Kruger Inc. subsidiary's U.S. hydro portfolio to 27 plants for an installed capacity of 34 MW. Emeryville was formerly owned by the Hampshire Paper Co.

Kruger Energy will operate the solar project until December 2031.

Financial terms of the deal were not disclosed.