Two US firms, Aecom Capital and FFP New Hydro, are to bring six Ohio hydropower projects to completion.
The low-impact developments are expected to be a sustainable resource for the Muskingum River communities in southeastern Ohio. They will produce 23MW of electricity, enough to power 11,500 homes.
The joint venture developer is to be called Muskingum River Hydro, and its potential investment in the projects is $100m.
Each project is expected to create 100 to 150 jobs during construction as well as continued staffing and service employment during operations.
Four of the six projects have received Federal Energy Regulatory Commission licences.
Construction is expected to start in 2017, with operations commencing by 2018.
FFP New Hydro is a Boston company that was formed in August 2010 to install hydropower machinery in dams that did not have them.
Image: The Muskingum River (Wikimedia Commons)