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PPAAnnouncedJuly 15, 2025

Brookfield US hydroelectric portfolio — Holtwood (250 MW) + Safe Harbor (420 MW) initial, scaling to up to 3,000 MW across PJM/MISO via relicensing/upgrades

World's largest corporate hydropower deal. 20-year PPAs for Holtwood (250 MW Susquehanna River, PA) and Safe Harbor (420 MW PA) — combined 670 MW representing >$3B. Hydro Framework Agreement (HFA) gives Google access to up to 3,000 MW of relicensed/upgraded Brookfield hydro across PJM and MISO. Initial focus on mid-Atlantic and mid-continent markets, with optionality elsewhere.

$3.00B

Deal Value

3,000MW

Capacity

Other

Technology

PA

Location

Deal Details

Deal Type
Power Purchase & Offtake
Seller / Sponsor
Brookfield Renewable
Buyer / Financier
Google (Alphabet)
Deal Value
$3B+ (initial 670 MW); larger framework value undisclosed
Stage
Mixed (Operating + Repowering)
ISO/RTO
PJM, MISO

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