Saratoga County Facility Generates More Than 13 Million Kilowatt Hours/Year of Renewable Power
Albany, NY — Gravity Renewables, an owner and operator of renewable energy projects across the country, has completed its acquisition of the Stillwater Hydroelectric Facility located on the Hudson River.
The plant was originally commissioned in 1993 and now generates approximately 13.9 million kilowatt-hours of clean energy each year — enough to power 2,286 New York homes.
Gravity’s acquisition ensures that Stillwater will be preserved and continue to produce renewable energy for local residents and businesses for decades to come.
Small hydroelectric facilities like Stillwater generate predictable, reliable, affordable energy that’s renewable and locally produced. The Capital region of New York is rich in small hydro sites.
“We’re extremely happy to be increasing our New York portfolio,” said Ted Rose, Gravity Renewables’ Chief Executive Officer. “Saratoga County is home to a number of small hydro projects–resources that provide dependable clean energy and support local communities.”
About Gravity Renewables
Gravity Renewables is a leading national owner, operator and developer of small hydroelectric power plants. Small hydropower provides predictable, reliable, affordable clean energy that’s locally produced. By making a long-term commitment to these neighborhood facilities, Gravity restores and conserves important historical sites, employs local operators and promotes educational and recreational opportunities in the communities it serves. Gravity currently has 34 MW of hydroelectric projects operating and under development across the country. For more information please visit www.gravityrenewables.com or contact us at 303.440.3378. Follow Gravity Renewables on Twitter or Facebook.