Jan 21, 2016

FFP New Hydro Receives FERC Licenses For Hydropower Projects

Firm receives four licenses for projects in the Yazoo River Basin in Mississippi

FFP New Hydro LLC has announced the receipt of hydropower licenses from the Federal Energy Regulatory Commission (FERC) for four projects located in the Yazoo River Basin in Mississippi at existing flood control facilities owned and operated by the U.S. Army Corps of Engineers. The four projects are expected to have a generation capacity of 33 MW—enough to power more than 15,000 homes with clean, reliable, low-cost energy.

“The development of the Yazoo River basin hydropower projects will represent an investment of more than $80 million in the state of Mississippi, creating hundreds of jobs during construction, operations and maintenance,” said Ramya Swaminathan, CEO of FFP New Hydro.

The hydropower projects—at the Arkabutla, Enid, Sardis and Grenada dams—have gone through an extensive study process at the FERC, and the licenses represent the culmination of over four years of significant investment and effort. The projects are expected to start construction in 2017 and commence operations in 2018.

“Mississippi continues to be a leader in providing affordable and reliable energy,” said Mississippi Governor Phil Bryant. “With FERC's approval of licenses for the hydropower projects at Arkabutla, Enid, Sardis and Grenada dams, this represents a significant new investment in our state as well as additional clean power sources that will help meet the power demands of our economy in the immediate future.”