GDF Suez To Buy US Hydro Power Producer

Law360, New York (September 2, 2008, 12:00 AM EDT) -- GDF Suez Energy International announced on Tuesday that it would acquire North American hydroelectricity provider FirstLight Power Enterprises Inc. in a deal that will reportedly make the French utility giant the third-largest energy supplier to U.S. businesses.

FirstLight owns and runs 15 power generation plants in Massachusetts and Connecticut with generation capacity for pumped storage hydro power, traditional hydro and run-of-river power and gas and coal power, and is currently constructing a new gas peaking facility; together, the facilities have a capacity of 1,538 megawatts....
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