trending Market Intelligence /marketintelligence/en/news-insights/trending/oyaxrXlWb9GlajQOnni_FA2 content esgSubNav
In This List

Smith Creek Hydro closes acquisition of Idaho hydro facility

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Smith Creek Hydro closes acquisition of Idaho hydro facility

Smith CreekHydro LLC closed its acquisition of the 37.8-MW Smith Creek hydroelectric project in BoundaryCounty, Idaho, from Eugene Water& Electric Board, or EWEB, according to a July 6 notice to FERC.

The commission approved the deal April 4.

As part of the deal, Smith Creek Hydro also acquired 30.5miles of a 115-kV transmission line connecting the facility to the 's system. EWEB, which operates in and around thecity of Eugene, Ore., will remain connected with the facility by purchasing itsoutput for an initial three-year period.

Smith Creek Management LLC is the 25% owner of Smith CreekHydro, with the remaining 75% held indirectly by 1428802 Alberta Ltd. (EC16-68)