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Posted inFranklin, Livermore Falls Advertiser, sj-web

Canadian company finalizes purchase of area hydroelectric stations

JAY — A Canadian company finalized its acquisition of four hydropower stations along the Androscoggin River in this town, Livermore and Livermore Falls. The four were among 63 around the U.S. bought by Ontario Power Generation from a New Jersey company on Nov. 28. The purchase price was $298 million and was subject to customary working […]

Posted inFranklin, Livermore Falls Advertiser

Eagle Creek withdraws tax abatement requests in Jay, Livermore and Livermore Falls

JAY — A New Jersey company has withdrawn its tax abatement applications for its four hydroelectric facilities in Jay, Livermore and Livermore Falls. Androscoggin Hydro LLC, a subsidiary of Eagle Creek Renewable Energy, bought the facilities from Verso Corp. in January 2016 for $62 million. The company filed tax abatement applications in each town in […]

Posted inLewiston-Auburn, sj-web

Lewiston officials support CMP hydroelectric project, new converter station

LEWISTON — A multimillion-dollar project that would bring hydroelectric power from Quebec to Massachusetts through Maine received an official nod of support from the City Council last week, as Lewiston is set to become a centerpiece of the proposal. The Central Maine Power Co. project, known as New England Clean Energy Connect, received unanimous support […]

Posted inFranklin

Owner of hydroelectric facilities in Jay requests tax abatement

JAY — Androscoggin Hydro, a subsidiary of Eagle Creek Renewable Energy based in New Jersey, has filed a tax abatement request for 2017 for its two hydroelectric facilities on the Androscoggin River. Eagle Creek bought four hydroelectric facilities from Verso Corp. in January 2016 for nearly $62 million. The other facilities are in Livermore and […]

Posted inMaine, sj-web

With sights set on lower electricity prices, LePage looks to transform Maine energy landscape

AUGUSTA (AP) — Maine became the regional wind power leader under Democratic Gov. John Baldacci, but change is in the air as Gov. Paul LePage makes an aggressive push away from his predecessor’s renewable energy policies. The outspoken Republican, who says wind power is too expensive, is looking to hydropower from Canada and natural gas […]

Posted inBusiness, Maine

Major power company signs on to wind and hydro transmission project through Maine

PORTLAND — National Grid, one of the region’s largest utilities, has signed on as a partner in a power transmission project that would link Maine wind projects and Canadian hydropower to population centers in New England. Massachusetts-based Anbaric Transmission and National Grid on Tuesday announced a partnership to pursue electricity transmission projects, including the 1,000-megawatt […]