New owners of embattled mountain in Sandy River Plantation, near Rangeley, envision profitable future.
saddleback
Posted inMaine, News
Early snow draws handful of skiers to Saddleback
About 10 inches of snow falls at the lodge and at least a foot on the mountain Saturday at the resort near Rangeley.
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Posted inBusiness, Franklin
Views and birds among the concerns over Saddleback’s new lodge and solar farm plans
Arctaris Impact Fund’s attorney says the company needs the changes to prevent tight lodging capacity and high energy costs continuing to be a drag on the bottom line.
Posted inBusiness, Franklin
Saddleback Mountain looks to build solar farm, new mid-mountain lodge
Construction would take place next year if the state approves either project, which new owners call “critical” in bringing the ski resort back.
Posted inbPlus, Franklin, News
Face Time: Andy Shepard has a vision for Saddleback
Shepard is the new general manager of the ski area in northern Franklin County.
Posted inThe Rangeley Highlander
Saddleback celebrates purchase of ski area and a brand new high-speed lift!
Sunday night’s party includes music, food and sight-seeing.
Posted inBusiness, Maine, News
Saddleback finally has a new owner, with plans to reopen slopes next season
Arctaris Impact Fund finalizes a $6.5 million deal for the Rangeley-area ski resort, which has been closed since 2015.
Posted inBusiness, Franklin, News, The Franklin Journal
Rangeley area residents, businesses hopeful Saddleback will reopen
A deal to buy the ski resort in Sandy River Plantation is in the process of being finalized after FAME guaranteed loans.
Posted inBusiness, Maine, News
Saddleback buyer gets final piece of financing package
The Finance Authority of Maine board unanimously approved $2.5 million in loan insurance on a $12.5 million loan, along with a $1 million direct loan.
Posted inBusiness
Saddleback loan guarantee meeting postponed
AUGUSTA — A meeting Thursday between the potential buyers of Saddleback Mountain ski area and the Finance Authority of Maine to secure a loan guarantee critical to the sale was postponed Wednesday pending additional information. William Norbert, FAME Governmental Affairs & Communications manager, said in an email Wednesday afternoon, “FAME has determined that additional analysis […]