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Conservation groups say they ll sue dams owner over salmon
May 13, 2021
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FAIRFIELD, Maine (AP) Three conservation groups allege that the four Kennebec River dams operated by Brookfield Renewable between Waterville and Skowhegan are threatening the survival of the endangered Atlantic salmon, according to a notice of intent to sue filed this week.
The Natural Resources Council of Maine, Maine Rivers and the Conservation Law Foundation filed notices of intent to sue Brookfield on Wednesday for what they call repeated violations of the Endangered Species Act, Maine Public Radio reported.
NRCM Senior Staff Scientist Nick Bennett said Brookfield has continued to “take” Atlantic salmon attempting to pass through the dams after its federal license expired in 2019.
Danish
Today, Ørsted has entered into an agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 December 2020. The final price will be subject to customary adjustments.
With the acquisition of BRI, Ørsted enters the European onshore market. BRI, headquartered in Cork, Ireland, is a developer, owner, and operator of onshore wind farms. BRI has an attractive portfolio of 389 MW in operation and under construction, 149 MW advanced development, and more than 1 GW of development pipeline in Ireland and the UK.
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10 Best Wind Energy and Renewables Stocks to Buy in 2021
The wind energy market is expected to be worth more than $180 billion within the next six years and is forecast to cross 120 gigawatts in installation capacity as investments in renewable power generation increase globally and governmental policies designed to decrease carbon emissions gradually lead to a shift away from fossil fuels. Delaware-based research firm Global Market Insights projects that increased electricity demand will lead to a more than 1% compound annual growth rate for large wind energy farms through to 2027.
US President Biden, in his first few months in power, has already pledged to increase spending on clean energy, reduce the carbon footprint of the American manufacturing industry, and re-enter Washington into global climate accords. One of the firms that could get a major boost from the new policies is Brookfield Renewable Partners L.P. (NYSE: BEP), a multinational clean energy business. Brookfield Rene