Market need There is a modernization and relicensing crisis in aging hydro fleets across North America and Europe, with conventional compliance methods reducing output and eroding asset value, creating a large pool of stranded capacity that Natel Energy can address with FishSafe turbine retrofits.

Environmental edge FishSafe turbines offer high fish passage survival and environmental benefits, aligning with sustainability trends and regulatory expectations, which can be leveraged to win projects that require environmental compliance alongside efficiency gains.

Strong traction Natel Energy has contracted over 1,100 MW in FishSafe design and implementation projects and has active partnerships in Europe and North America, signaling proven capability and a track record to de-risk new deals with utilities and developers.

Executive momentum Recent leadership appointments including an Executive Chairperson and Board additions signal strategic focus on global expansion in hydropower modernization, signaling credibility and growth potential to prospective clients and partners.

Expansion pathways Strategic collaborations with European utilities and Africa-focused projects (MyHydro in DRC) indicate opportunities to cross-sell integration services, licensing, and turnkey modernization for utilities and developers pursuing multi-region deployments.