Eagle Creek to manage Relevate Power’s hydropower assets

Eagle Creek Renewable Energy and Relevate Power have announced a strategic partnership in which Eagle Creek will manage Relevate's portfolio of run-of-river hydroelectric projects, according to a press release. The partnership, backed by Apollo's funds, aims to bring operational and cost efficiencies to the combined entities. Relevate Power, founded in 2022 through the merger of Independent Power Producers Dichotomy Power and ClearEnergy, is focused on redeveloping underutilized hydropower plants.

The company was backed by GDEV Management and has received $4.9 million in grant funding from the Department of Energy to improve the efficiency of hydroelectric facilities since its inception.