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 […]