Hull Street Energy completes purchase of FirstLight's U.S. power fleet
Hull Street Energy said it now owns FirstLight's U.S. platform, which includes the 1,168 MW Northfield Mountain pumped storage project in Massachusetts. The purchase price was not disclosed.
Hull Street Energy said Monday it has completed its acquisition of FirstLight's U.S. platform from the Public Sector Pension Investment Board, known as PSP Investments.
The acquired assets include a portfolio of nearly 1,400 megawatts of generation in the Northeast. That includes Northfield Mountain, a 1,168 MW pumped storage hydro project in Massachusetts that the company describes as the largest energy storage facility in New England.
The portfolio also includes 14 hydroelectric stations in Connecticut, Massachusetts and Pennsylvania, and three operating solar and battery facilities in the Northeast, according to Hull Street Energy.
The announcement did not disclose the purchase price. This is a change of ownership of existing assets, not new generating capacity.