Hydro Ottawa buys 10 run-of-river projects in Ontario, New York from Fortis

OTTAWA – Hydro Ottawa said Wednesday it has acquired 10 run-of-the-river hydroelectric facilities in Ontario and New York from Fortis Inc. (TSX:FTS).

Financial terms of the deal for the assets, which represent 30.9 megawatts of capacity, were not immediately available.

Run-of-the-river projects tend to be on a smaller scale than traditional hydro developments and are built along rivers with a consistent flow of water.

Hydro Ottawa said the New York assets have a combined capacity of 22.6 MW located in Lyons Falls, Dolgeville, Philadelphia and Diana.

The Ontario assets have a combined capacity of 8.3 MW located in Ottawa, Rideau Lakes, Kingston, Gananoque and South Crosby.

Hydro Ottawa delivers electricity to more than 319,500 customers in Ottawa and Casselman, Ont.