DPO Acquires Controlling Stake in Another Hydroelectric Asset
DPO, via its subsidiary Cascade Digital Power, has closed on its acquisition of a controlling stake in another hydroelectric asset. The purchase was funded by an affiliate of Aegon Asset Management Real Assets. The asset has a nameplate capacity of over 10 MW and produces power on a year-round basis. DPO and Cascade expect to use their operational expertise and creative solutions to improve profitability of the asset while setting it up to produce green power for many decades to come.