Alcoa to sell hydroelectric project for $600M

Renewable Energy   Electricity
By The Associated Press on June 29, 2012

NEW YORK (AP) — Alcoa is selling its 351-megawatt Tapoco hydroelectric project to power provider Brookfield Renewable Energy Partners for about $600 million.

Tapoco is a four-station hydroelectric project located on the Little Tennessee and Cheoah rivers in eastern Tennessee and western North Carolina. It's operated by an Alcoa subsidiary.

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Brookfield Renewable Energy Partners
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