Brookfield Power acquires two B.C. projects totaling 7.4 MW

Brookfield Power acquired Oct. 9 the 1.7-MW East Twin Creek and 5.7-MW Hystad hydroelectric projects in northeast British Columbia from East Twin Creek Hydro Ltd.

Brookfield did not disclose how much it paid for the run-of-river plants, at the request of the seller. However, it said its generation portfolio in B.C. now includes five hydro stations on five river systems.

The East Twin Creek facility is located near McBride, B.C., on an unnamed river that feeds into the Fraser River system. The Hystad project is near Valemount, on a tributary of the McLennan River system.

The power plants are expected to generate a total of about 29 GWh annually. All power generated by the two facilities is sold under long-term contract to utility BC Hydro.

Brookfield also holds ownership stakes in British Columbia to the 36-MW Lois Lake and 46-MW Powell River projects, and 45-MW Pingston, which it owns with Canadian Hydro Developers. (HNN 8/17/07)

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