News
Despite risk of Maine challenge, wind power deal gets made
The Public Advocate and other appellants argued that the proposal would violate the state's landmark electricity restructuring act, which barred transmission companies like Bangor Hydro from owning electricity generation. That law prohibits utilities from owning both transmission and generation because it was believed to be anti-competitive and to contribute to high electricity prices.
June 27, 2012
by Naomi Schalit and John Christie
in Maine Center for Public Interest
An appeal claims it breaks a law against owning both transmission and generation infrastructure.
Less than two weeks ago, a Canadian energy company and a major wind power developer with turbines in Maine announced they had closed a deal worth hundreds of millions of dollars to expand wind power projects across the Northeast.
But the announcement left out one important fact that could jeopardize the deal: Just days before, the state's Office of the Public Advocate and a Maine utility had filed legal appeals challenging a state agency's ruling that cleared the way for the venture.
"I... [continue via Web link]
Less than two weeks ago, a Canadian energy company and a major wind power developer with turbines in Maine announced they had closed a deal worth hundreds of millions of dollars to expand wind power projects across the Northeast.
But the announcement left out one important fact that could jeopardize the deal: Just days before, the state's Office of the Public Advocate and a Maine utility had filed legal appeals challenging a state agency's ruling that cleared the way for the venture.
"I... [continue via Web link]
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Maine
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