"Central Maine Power Co. (CMP) and Alternative Energy Inc. of Bangor ha"
 

Central Maine Power Co. (CMP) and Alternative Energy Inc. of Bangor have reached

Authors

Source

Portland Press Herald

Date

9-7-1994

Pages

3B

Abstract

Central Maine Power Co. (CMP) and Alternative Energy Inc. of Bangor have reached an agreement under which Alternative Energy will take its Ashland wood-powered plant off line for up to five years until business conditions warrant its return to service. CMP will pay $9.5 million for maintenance, taxes and capital costs instead of paying $16.5 million for the electricity produced by the plant.

Subjects

Alternative Energy Inc, Central Maine Power Company

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