Colorado-based operator Gravity Renewables has added to its fleet of small hydropower plants with the acquisition of facilities in Connecticut and Virginia.
Included are the 2.16 Quinebaug-Five Mile Pond project in Connecticut and the 3.7-MW Moomaws plant in Virginia.
Quinebaug-Five Mile Pond is located on the Five Mile River and was owned by Quinebaug Associates, LLC, according to a Federal Energy Regulatory Agency license.
Meanwhile, the Moomaw is located on a lake of the same name at the U.S. Army Corps of Engineers-owned Gathright Dam.
“These projects are a natural addition to our portfolio,” Gravity Renewables CEO Ted Rose said. “Moomaws, our first purchase in Virginia, strengthens Gravity’s presence in the southeast, while the Connecticut projects solidify our presence in southern New England.”
The acquisition adds to more than 30 MW of hydro Gravity Renewables currently has operating or under development in the United States. HydroWorld.com reported the company had acquired the 2.78-MW Wyre Wynd plant — also located on the Quinebaug River in Connecticut — last August, while it also completed purchases of the 222-kW Dog River project in Vermont and 3.5-MW Stillwater project in New York in 2015.
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