Portfolio 

Hydro Operations

Ampersand North American Hydro Fund II focuses on investing in hydroelectric facilities in the Northeast United States and Canada. The fund currently holds two assets with a combined installed capacity of 5.75 MW, with annual generation of close to 30,000 MWh.

Ampersand Sebec Lake Hydro is an 867 kW run-of-river facility located in Central Maine. On average, Sebec produces in excess of 3,000 MWh of electricity.

In 2008, Ampersand Energy Partners acquired the Gilman hydroelectric power plant, a 4.85 MW run-of-river hydroelectric facility located in Northeast Vermont. On average, Gilman produces over 20,000 MWh of power each year, however, recent substantial capital investments have resulted in more reliable and efficient operation, increasing 2009's total output to over 25,000 MWh.

Ampersand is also seeking to diversify its present hydroelectric portfolio. Current business development activities involve several small hydro plants in the Northeastern US.
 

Gilman Bagmill Renovation

As part of an overall vision to revitalize the former Gilman paper mill complex, Ampersand is currently undergoing a feasibiliy analysis for uses for a former bagmill building on the site. Plans for the building include manufacturing on the first floor, studio spaces on the second floor, and ampersand offices on the third floor. Additonally, there is a focus on renewable energy manufacturers as part of the vision.