The company’s move marks a deliberate shift toward more dependable energy sources that can provide round-the-clock electricity, regardless of weather conditions. Hydropower's long-term operating lifespan and low maintenance costs make it a strategic fit as the grid faces increasing demand for stability.
This acquisition also expands Agilitas Energy’s geographic footprint beyond its usual Northeast and mid-Atlantic focus, opening doors in both West Virginia and Maryland while aligning with broader national efforts to build resilient, diversified power infrastructure.
The push into hydropower reflects a larger industry pattern: renewable energy developers are seeking technologies that can offset the intermittent nature of solar and wind. Hydropower’s ability to deliver consistent baseload power makes it a valuable component in addressing grid reliability challenges.
Agilitas Energy President and CEO Barrett Bilotta noted that hydropower complements the company's existing portfolio and strengthens its ability to adapt energy solutions to specific regional needs. The added flexibility could help hedge against market volatility and deliver long-term value in areas where consistent power supply is critical.
The projects, targeted to go online by late 2028, will be developed in partnership with Advanced Hydro Solutions, a company with two decades of experience in the mid-Atlantic hydro market. David Sinclair, President of Advanced Hydro Solutions, emphasized the alignment in both firms’ approach to project quality and long-term energy planning.