Mitsui to sell First Hydro stake.

Mitsui to sell First Hydro stake.

Mitsui & Co has agreed a deal to sell its stake in First Hydro, the company which operates the Ffestiniog and Dinorwig pumped storage power stations in North Wales. First Hydro is wholly owned by IPM Holdings (UK), a joint venture between Mitsui and ENGIE. Its power stations provide back-up capacity to the National Grid […]

Brookfield Renewable to Issue CDN$150 Million of Preferred Units.

Brookfield Renewable to Issue CDN$150 Million of Preferred Units.

Brookfield Renewable Partners┬átoday announced that it has agreed to issue 6,000,000 Cumulative Minimum Rate Reset Class A Preferred Limited Partnership Units, Series 9 (the “Series 9 Preferred Units“) on a bought deal basis to a syndicate of underwriters led by CIBC Capital Markets, RBC Capital Markets, Scotiabank and TD Securities Inc. for distribution to the […]