Aecom Capital-FFP New Hydro partnership to build six hydropower projects in Ohio

WCN Editorial Team 14 Mar 2016 NORTH AMERICA ENERGY & UTILITIES

Aecom Capital and FFP New Hydro have formed a new partnership to develop and build six hydropower projects on the Muskingum River in southeastern Ohio.

The six projects, developed by the Muskingum River Hydro partnership, are expected to produce a total of 23MW, which is sufficient to power 11,500 households. The projects will entail an investment of over $100m.

Four of these projects have already secured Federal Energy Regulatory Commission licenses.

The low-impact generation facilities will be added to existing lock and dam structures, which are owned and operated by the Ohio Department of Natural Resources.

The projects are anticipated to commence construction in 2017 and will be operational by 2018. Each project is anticipated to create 100 to 150 jobs during the construction phase, and continued staffing and service employment during operations.

Aecom Capital CEO John Livingston said: “Muskingum River Hydro LLC represents an attractive opportunity for Aecom Capital to strengthen our commitment to clean energy projects and invest and develop in new hydropower on existing dams alongside the industry leading team of investors and developers at FFP New Hydro.”

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