Gravity Renewables Acquires Quinebaug and Moomaw Hydroelectric Projects in US from Quinebaug Associates

Published: May 17 2017
Deal Summary

Gravity Renewables Inc, a renewable energy company, has acquired two hydroelectric projects situated in US from Quinebaug Associates, LLC, a renewable energy company. The combined installed capacity of the projects is 5.86 MW.

The two hydroelectric projects, Quinebaug-Five Mile Pond hydroelectric project is situated on the Five Mile River in Connecticut, US with an installed capacity of 2.16 MW and Moomaw hydroelectric project situated on a lake of the Moomaw at the US Army Corps of Engineers-owned Gathright Dam in Virginia, US with an installed capacity of 3.7 MW.

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