Advanced Hydro Solutions LLC has sold its 6-MW Mahoning Creek hydroelectric project to Enduring Hydro LLC for an undisclosed amount, HydroWorld.com has learned.
The project will be built on the existing Mahoning Creek Dam, which is owned and operated by the U.S. Army Corps of Engineers. The dam is one of 16 in the Corps’ Pittsburgh District and is designed to store runoff from rainfall and snowmelt in western Pennsylvania.
Pending final permitting by the Federal Energy Regulatory Commission, Enduring Hydro will add a US$16 million hydropower system to the existing dam. FERC issued a license to the Mahoning Creek project in March 2011.
Although Enduring Hydro now owns the project, Advanced Hydro says it will retain an ongoing interest in the project and will provide consulting services to assist in its final development.
The hydroelectric scheme has been designed by Mead and Hunt, with PCX Corporation also providing services. Construction of the plant will be managed by The Ruhlin Company and should begin this fall.
“We are extremely pleased to complete the acquisition of Mahoning Creek from Advanced Hydro,” says Enduring Hydro Chief Executive Officer Kristina Johnson. “We look forward to working with them to begin construction of a project that will provide over 20,000 MWh of clean electricity annually to western Pennsylvania.”
Enduring Hydro is an offshoot of green power think tank Enduring Energy, LLC, which was established for the purpose of developing new hydroelectric facilities.