GRAND RAPIDS, Mich. (WOOD) — Consumers Energy is selling its 13 hydroelectric dams to a Maryland-based energy investment firm. Consumers and Hull Street Energy, LLC, on Tuesday announced they had ...
Consumers Energy is getting out of the hydroelectric business and will sell all of its dams in Michigan the utility company announced on Tuesday. The decision came after years of deliberating, ...
MID-MICHIGAN (WJRT) - Consumers Energy has signed an agreement to sell its 13 hydroelectric dams in Michigan to Confluence Hydro, an affiliate of Hull Street Energy, LLC. The sale announced Tuesday ...
Consumers Energy is asking Michigan's energy regulators for approval to sell its suite of 13 dams to a Maryland energy investment firm and to enter into an agreement with the company to purchase the ...
Consumers Energy plans to pay a premium price to buy back power from its 13 hydropower dams after selling them to a private equity firm for $1 apiece, the company revealed Friday in filings with state ...
LANSING, MI — Consumers Energy wants state regulators to approve a 30-year deal that would involve paying a private buyer twice the market rate for comparable hydropower in exchange for selling its ...
Demand for power is growing fast, but hydro plants, the oldest source of clean energy, are struggling because of droughts, floods and other extreme weather linked to climate change. Drought and age ...