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Brookfield-Google Hydropower Agreement

Sector: Seaport • Location: Pennsylvania, United States

Source: Energy News

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Brookfield Asset Management and Google have signed a framework agreement to supply up to 3,000 MW of hydropower in the United States. The initial contracts, worth over $3 billion, involve the purchase of output from the Holtwood and Safe Harbor hydroelectric plants in Pennsylvania, with a total capacity of 670 MW. The agreement includes twenty-year Power Purchase Agreements and aims to extend the

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The project “Brookfield-Google Hydropower Agreement” is an infrastructure initiative in the Seaport sector, located in Pennsylvania, United States. Taiyo aggregates data on it from Energy News.

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Description

Description

Brookfield Asset Management and Google have signed a framework agreement to supply up to 3,000 MW of hydropower in the United States. The initial contracts, worth over $3 billion, involve the purchase of output from the Holtwood and Safe Harbor hydroelectric plants in Pennsylvania, with a total capacity of 670 MW. The agreement includes twenty-year Power Purchase Agreements and aims to extend the lifespan of hydroelectric plants through modernization and license renewal.

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