Canadian Hydro was founded by two brothers John and Ross Keating with Jack McCleary.

In 1989 Canadian Hydro had secured $1.3 million in equity and a contract with TransAlta to build three small run-of-river facilities.

In December 2006 the firm bought Vector Wind Energy[2] which has over 13 projects either built or in the process as of 2007.

[3] Announced in February 2007 (and finalized in March) the firm bought GW Power Corporation.

[4] In December 2009 TransAlta acquired Canadian Hydro Developers at $5.25 cash per share.