July 31, 2014 10:38 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Green Valley Hydro, LLC

Company Overview

Green Valley Hydro, LLC operates as a subsidiary of FirstEnergy Corp.

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United States

Key Executives for Green Valley Hydro, LLC

Green Valley Hydro, LLC does not have any Key Executives recorded.

Green Valley Hydro, LLC Key Developments

FirstEnergy Subsidiaries Apply for Authorization to Sell Eleven Hydroelectric Power Stations to Harbor Hydro Holdings

FirstEnergy Corp. announced that its subsidiaries have applied for authorization from the Federal Energy Regulatory Commission (FERC) to sell 11 hydroelectric power stations in Pennsylvania, Virginia and West Virginia to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP. A sales agreement was reached on August 23, 2013 and if approved, the proposed transaction is expected to close in the fourth quarter of 2013. The agreement is subject to customary and other closing conditions, including FERC, the Commonwealth of Virginia's State Corporation Commission and various other approvals. The hydroelectric power stations included in this proposed sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC and have a total capacity of 527 megawatts, which represents less than 3% of FirstEnergy's generation fleet output.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 4, 2013
Eleven Hydroelectric Power Stations in Pennsylvania, Virginia and West Virginia
 

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