Hull Street Energy Scales Hydro Footprint With Acquisition of FirstLight USA
Hull Street Energy has announced its acquisition of FirstLight USA, expanding its footprint in the hydroelectric sector. The deal includes significant clean energy assets, including the Northfield Mountain facility in Massachusetts. This acquisition aims to enhance grid reliability in the Northeast amid growing energy demands.
- ▪Hull Street Energy is acquiring FirstLight USA from the Public Sector Pension Investment Board.
- ▪The transaction includes a portfolio of about 1,400 MW of clean energy generation.
- ▪Northfield Mountain is the largest energy storage facility in New England.
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Hull Street Energy Scales Hydro Footprint With Acquisition of FirstLight USA Darrell Proctor Wed, May 20, 2026 at 9:26 AM PDT 2 min read Investment firm Hull Street Energy (HSE), which focuses on the power sector, announced an agreement to acquire FirstLight USA from the Public Sector Pension Investment Board. The transaction includes a portfolio of about 1,400 MW of clean energy generation in the U.S. Northeast. The deal includes ownership of Northfield Mountain, a 1,168-MW pumped storage hydro facility in Massachusetts that is the largest energy storage facility in New England. The proposed acquisition also includes 14 hydroelectric stations located in Connecticut, Massachusetts, and Pennsylvania, along with three operational solar and battery facilities in the Northeast.
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