Eagle Creek Renewable Energy was founded in 2010 to acquire, enhance, and operate hydroelectric power facilities. Since its founding, Eagle Creek has grown to own and operate a fleet that spans the country in 18 states. The Eagle Creek hydro fleet includes 85 hydro plants with 690 MW aggregate generation capacity. Eagle Creek also has an active community solar development pipeline through its Lightstar Renewables subsidiary. Eagle Creek is wholly-owned by funds operated by Apollo Global Management.
Eagle Creek Renewable Energy was founded in 2010 to acquire, enhance, and operate hydroelectric power facilities. Since its founding, Eagle Creek has grown to own and operate a fleet that spans the country in 18 states. The Eagle Creek hydro fleet includes 85 hydro plants with 690 MW aggregate generation capacity. Eagle Creek also has an active community solar development pipeline through its Lightstar Renewables subsidiary.
Eagle Creek is wholly-owned by funds operated by Apollo Global Management.
Eagle Creek was founded in 2010 to acquire, enhance, and operate the three-plant Mongaup River system in New York. It subsequently grew its footprint and the expertise of its team through the acquisition of North American Hydro’s Midwest portfolio in 2012.
Later in 2012, Eagle Creek acquired the development rights to the Ball Mountain and Townshend projects in Vermont and began work to construct those facilities. In 2013, Eagle Creek acquired ten small hydroelectric facilities in the Northeast and began work to rehabilitate and enhance them. 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 were previously out of service.
Cube Hydro was formed in 2014 to pursue the development and acquisition of hydroelectric power plants in North America. Cube Hydro grew rapidly through acquisitions, including the four-plant Yadkin River system in North Carolina in 2017.
In November 2018, Ontario Power Generation acquired Eagle Creek. Nearly a year later, OPG acquired Cube Hydro and merged the companies under the Eagle Creek Renewable Energy name. In 2024, Eagle Creek diversified its clean energy generation mix by acquiring Lightstar Renewables, which has a 1.3 GW development pipeline. In January 2026, funds managed by Apollo Global Management acquired Eagle Creek, which has ushered in Eagle Creek’s latest era of growth and innovation.
Eagle Creek continues to grow its capacity to generate clean electricity through acquisitions, upgrades, and modernizations. Eagle Creek is committed to ushering in the clean energy economy by increasing clean power production, operating its fleet in balance with the natural environment, and enhancing the value of its portfolio for its investors, employees, host communities, and all other project stakeholders.
Apollo Global Management is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit www.apollo.com.