B.Grimm Acquires 25% Stake in US Hydropower Operator NERH for $230 Million
ENERGY STORAGEHYDRO POWER
B.Grimm Power Pcl has acquired a 25% stake in New England Reliable Hydropower Holdings LLC for $230 million, marking its largest investment in the U.S. to date. The acquisition, finalized on January 9, enhances B.Grimm's international renewable energy portfolio, as NERH operates 26 hydropower plants with a total capacity of 406 megawatts. This move aligns with B.Grimm's goal to achieve 10,000 megawatts of installed capacity by 2030.

Jan 12, 2026, 8:51 AM