H2O Power Limited Partnership owns and operates 8 hydroelectric generating stations, 2 control dams and 130 km of transmission lines in Northeastern and Northwestern Ontario. Some of these sites were developed as early as 1898 by local industrial companies to provide mechanical and electrical power to their operations and the surrounding towns.
The facilities changed ownership several times over the years. In 2007, Abitibi Consolidated Hydro Limited Partnership (ACH LP) was formed. The new company was created as a distinct entity with the goal of providing renewable reliable energy to its customers and the Province of Ontario.
The generating stations continued to be operated locally until 2008, when ACH LP began an $18M project to upgrade and automate the stations control systems to allow remote operation. The automation project was successfully completed in 2010 and full control of all 48 generators, and the associated transmission assets, was transferred to the Oshawa Control Center. In 2011 ACH LP was sold to a new group of Canadian private investors, and the company was renamed H2O Power Limited Partnership.
H2O Power Limited Partnership, a Canadian owned and operated company, continues to invest in the local communities. We have recently opened a new office in Fort Frances, Ontario and Iroquois Falls, Ontario. Current major projects also include a capacity upgrade at our Northwestern Ontario generating stations, as well as sluice gate replacements at our Fort Frances Generating Station.
In February 2016, H2O Power acquired two run-of-river hydroelectric facilities in Pennsylvania, Allegheny 8 (13.6 MW) and Allegheny 9 (17.9 MW). The two projects comprise 31.5 MW of baseload nameplate capacity located on the Allegheny River.
Also in February 2016, PSP Investments (H2O Power’s majority shareholder) announced that it has entered into a definitive agreement to acquire 13 hydroelectric facilities representing 1,400 MW of nameplate capacity in Massachusetts and Connecticut. H2O Power will operate the projects on behalf of PSP Investments.