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PublishedJanuary 27, 2025
Delays to NECEC project in Maine will cost Massachusetts ratepayers more than $500M
Bay State regulators approve the higher costs caused by political and legal opposition to the 145-mile transmission line in western Maine that is expected to come on line in 2026.
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PublishedDecember 26, 2024
Spanish energy giant purchases CMP parent company for $2.5B
Maine regulators allowed Iberdrola's acquisition of Avangrid to advance without state review, brushing aside objections from the state public advocate and environmentalists.
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PublishedNovember 18, 2024
Maine to explore electrifying ports in bid to cut pollution from cruise and cargo ships
Demand for electricity at the port of Portland would be significant if ships were to plug in to the grid – just 3 ships would require 25 megawatts, the equivalent of lighting as many as 25,000 homes.
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PublishedNovember 14, 2024
Avangrid sues NextEra, claiming it sabotaged power corridor through western Maine
A years-long battle between 2 large energy companies over the New England Clean Energy project took a new turn in a 126-page lawsuit filed in U.S. District Court in Springfield, Mass.
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PublishedOctober 10, 2024
Federal court sides with Avangrid in dispute over western Maine power corridor
A New Hampshire nuclear power station owned by NextEra must perform a safety upgrade critical to Avangrid's 145-mile NECEC transmission line through western Maine, a federal appeals court ruled this month.
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PublishedOctober 3, 2024
Feds back CMP bid to build transmission line through Maine
After an agreement fell through with developer LS Power last year, state regulators are seeking new proposals to connect wind energy generated in Aroostook County to the New England grid.
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PublishedSeptember 17, 2024
Regulators allow $2.5 billion corporate takeover of CMP to proceed without review
The PUC agrees to waive state review of the deal in which Spanish energy giant Iberdrola will acquire the remaining shares in Central Maine Power's parent company, Avangrid.
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PublishedAugust 26, 2024
CMP moves one step closer to avoiding regulatory review of Iberdrola takeover
A report by utilities regulators says an exemption to the state law requiring the review is warranted based on previous approval of a 'corporate structure' and dozens of conditions that remain in effect.
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PublishedJuly 17, 2024
Spanish energy giant Iberdrola seeks full control of CMP parent
Maine regulators are reviewing the deal in which Avangrid would become a privately held company and assessing how relieving it of federal public reporting requirements would impact ratepayers.
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PublishedMay 9, 2024
Turbine-hating Trump poses new threat to beleaguered offshore wind
The candidate’s vocal disdain for wind farms is another worry for developers, who’ve faced high costs and supply chain woes.
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