PE-backed BluEarth acquires Tyson Creek Hydro Facility

BluEarth Renewables Inc, a renewable power producer focused on wind, water and solar projects, has acquired Tyson Creek Hydro Facility. The financial terms of the transaction were not released. Tyson Creek is a 9.3 megawatt facility located north of Sechelt, British Columbia. The facility was developed by Renewable Power Corp. Based in Calgary, BluEarth is a portfolio company of Canadian private equity firm ARC Financial Corp and Teachers’ Private Capital, an investment arm of Ontario Teachers’ Pension Plan. Last year, ARC and Teachers invested an additional $81 million in the business.

PRESS RELEASE

BluEarth Acquires Tyson Creek Hydro Facility

March 2, 2015

On March 2, 2015 BluEarth announced the acquisition of the Tyson Creek Hydro Facility. Learn more about this 9.3 MW facility located approximately 40 km north of the town of Sechelt.

For all media inquiries please contact our head office:
Phone: 403.804.7795
E-Mail: media@bluearth.ca

Source: BluEarth Renewables Inc.

Photo courtesy of BluEarth Renewables Inc