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Current company Eagle Creek Renewable Energy LLC
Hydroelectric Power Generation · 140 employees · Founded 2010 · Bethesda, Maryland, United States
Eagle Creek Renewable Energy was founded in 2010 to acquire, enhance and operate small hydroelectric power facilities. Eagle Creeks’ facilities provide clean energy to electricity consumers in North America while allowing recreational opportunities and protecting historical resources and the environment. Eagle Creek currently owns and operates eighty-six hydroelectric facilities representing approximately 640 megawatts of capacity across the United States. Eagle Creek also has ownership interests equivalent to approximately 12 megawatts in fourteen other hydroelectric facilities and two solar facilities in New England.
Eagle Creek is a privately-owned entity and is wholly-owned subsidiary of Ontario Power Generation.
In November 2018, Ontario Power Generation (OPG) acquired Eagle Creek from Hudson Clean Energy Partners, Power Energy Corporation and its other previous investors. On October 8, 2019, Ontario Power Generation announced the finalization of the acquisition of Cube Hydro Partners and Helix Partners (collectively, Cube Hydro) from I Squared Capital. The two companies are now merging into one, operating under the Eagle Creek Renewable Energy Name.
Eagle Creek continues to seek opportunities to acquire hydroelectric facilities and improve them to increase clean power production, operate them in harmony with the environment and enhance the value of the company's hydroelectric portfolio for its investor, employees, host communities and all stakeholders in the projects.