Hull Street Energy takes ownership of FirstLight’s U.S. clean-generation fleet in the Northeast
Tuesday, November 3, 2026 · first reported by IREI
Hull Street Energy (HSE), an investment firm focused on power, has acquired the U.S. business of FirstLight, with the Public Sector Pension Investment Board as seller. Financial terms were not disclosed.
About 1,400 megawatts of Northeast capacity comes with the deal. The largest piece is Northfield Mountain in Massachusetts, a pumped storage hydro project of 1,168 megawatts and the biggest storage facility in New England. Also included are 14 hydroelectric stations spread over Connecticut, Massachusetts and Pennsylvania, and three solar and battery facilities already operating. HSE founder and managing partner Sarah Wright called FirstLight an important addition to the portfolio.
- Also named
- Public Sector Pension Investment Board, FirstLight
- Asset class
- Infrastructure
- Geography
- North America
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