Northern Ontario Business: Hydroelectric assets acquired by Massachusetts company

The ownership of some of Northern Ontario’s hydroelectric infrastructure has changed hands, but their operation will remain as usual, according to the new parent company.

On April 11, FirstLight Power announced it had acquired H20 Power, which owns and operates eight hydroelectric facilities totalling more than 150 megawatts of generating capacity, three control dams, and 140 kilometres of transmission lines in Northern Ontario.