Six Dams in Maine to Be Sold for $95m Energy Investment Firm Wants Hydroelectric Sites
Bangor Daily News › July 02, 2009
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Summary
AUGUSTA - PPL Corp. announced Wednesday that it plans to sell all of the company's hydroelectric facilities in Maine to an energy investment firm for $95 million.
The deal, which must be approved by state and federal regulators, would transfer full ownership of six dams in the following locations: Milford, Orono, Stillwater, Ellsworth, Medway and West Enfield. Collectively, the dams produce 36 megawatts of hydropower.See the full content of this document
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Six Dams in Maine to Be Sold for $95m Energy Investment Firm Wants Hydroelectric Sites
The firm purchasing the dams from PPL, Black Bear Hydro Partners LLC, already owns a 50 percent stake in the West Enfield facility.
PPL officials...See the full content of this document
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