HydroLand has acquired two small run-of-river hydroelectric facilities from Northbrook Carolina Hydro II LLC: 980-kW Bryson Hydroelectric Project and 1.04-MW Franklin Hydroelectric Project.
“Since our acquisition of the Enel portfolio, we have been executing our plan to modernize and upgrade acquired hydroelectric facilities while building our portfolio with new acquisitions,” said Cory Lagerstrom, chief executive officer of HydroLand. “These two North Carolina facilities are excellent additions to our hydro-upgrading program. We are excited about what we are building and look forward to sharing more as we grow.”