History of Eagle Creek

Eagle Creek traces its earliest roots to 1978, when the North American Hydro Company began operations in the upper Midwest. North American Hydro began acquiring small, non-operating or underperforming plants, rehabilitating them to increase power production and reliability, and operating them more efficiently to create a portfolio of well-performing hydroelectric power facilities. The present Eagle Creek Renewable Energy was founded by initial investor Hudson Clean Energy Partners in 2010 to acquire, enhance, and operate the Mongaup River Hydroelectric System in New York. Eagle Creek subsequently acquired North American Hydro in 2012, benefitting from the expertise of the staff there.

Later in 2012, Eagle Creek acquired the development rights to the Blue Heron Hydro projects at Ball Mountain and Townshend Dams in Vermont and began work to construct those facilities. In 2013, with additional financing from investors led by Power Energy Corporation, a subsidiary of Power Corporation of Canada, Eagle Creek acquired 10 small hydroelectric facilities in the Northeast from Algonquin Power and Utilities and began work to rehabilitate and enhance those projects. Since 2013, Eagle Creek has grown through the acquisition of operating, partially-operating, and non-operating facilities and has rehabilitated and improved more than 25 hydroelectric turbines that had previously been out of service.

Eagle Creek continues to seek opportunities to acquire small hydroelectric facilities and improve them to increase clean power production, operate them in harmony with the environment around them, and enhance the value of the company's hydroelectric portfolio for its investors, employees, host communities, and all stakeholders in the projects.

Eagle Creek's mission is to create value for investors, employees, host communities and all stakeholders through profitable and consistent growth in the development, acquisition and safe, reliable operation of a portfolio of small hydroelectric generating facilities.