News
Energy firms announced wind deal despite risk posed by legal appeal
But the announcement left out one important fact that could jeopardize the deal: Legal appeals had been filed just days before by the state's Office of the Public Advocate and a Maine utility company challenging a ruling by a state agency that cleared the way for the joint venture.
June 27, 2012
by Naomi Schalit and John Christie
in Bangor Daily News
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: Legal appeals had been filed just days before by the state's Office of the Public Advocate and a Maine utility company challenging a ruling by a state agency that cleared the way for the joint venture.
"I was somewhat surprised" to see the announcement... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.

