FirstLight Power Acquires Hydroméga Services Inc.
September 13, 2023
FirstLight Power has signed an agreement to acquire Hydroméga Services Inc., adding ownership interests in ten operating hydroelectric stations across Québec and Northeastern Ontario and a development pipeline of over 2 GW of wind, solar, storage, and hydro projects. The deal expands FirstLight's North American development pipeline to ~4 GW and increases its operating capacity in Québec and Ontario; the transaction was expected to close in Q4 2023 and remains subject to customary closing conditions.
- Buyers
- FirstLight Power
- Targets
- Hydroméga Services Inc.
- Sellers
- Jacky Cerceau, Philip Lawee
- Industry
- Energy
- Location
- Quebec, Canada
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.