If finalized, the settlement on the massive upgrade still has to be approved by the PUC.
Tux Turkel
Tux Turkel writes primarily about energy issues affecting Maine. Over the years, he has gazed into the spent-fuel pool at the now-gone Maine Yankee nuclear plant, looked across Casco Bay from atop Wyman Station’s smokestack, and toured power plants and wind farms across the state, but remains confused about why electricity doesn’t leak from our wall sockets.
When he’s not trying to make sense of dense regulatory filings at the Public Utilities Commission, he’s likely to be hiking in the mountains or visiting Maine’s coastal islands in his small motorboat.
A graduate of Emerson College in Boston, Tux lives in Yarmouth with his wife, youngest son, a cat and a guinea pig.
Posted inBusiness
Bangor Savings looks to Portland
The bank will open four branches in the Portland area – a show of vitality for community banking.
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Posted inNews
Court approval of plan critical to Fairpoint’s reorganization
The company seeks a delay of its deadline for expanding broadband access in Maine.
Posted inBusiness, News
Bangor Savings plans Portland area expansion
The opening of four new branches will lead to the creation of 23 new jobs, the company says.
Posted inNews
Candidates seek to lead on state’s energy front
The challenge: Maine’s next governor must deal with energy independence in a changing political environment.
Posted inNews
Earnings up at Wright Express
First-quarter net income was $18 million, or 48 cents per share, compared to $11 million, or 28 cents last year.
Posted inNews
PUC’s experts call CMP upgrade too big
Commissioners now will decide how much of the electric utility’s $1.5 billion rebuilding plan to OK.
Posted inNews
The bedrock argument
Its fate tied to a zoning change, Pike Industries makes a case for the quality and location of the ancient stone deposits at its Spring Street quarry in Westbrook.
Posted inBusiness, News
Maine home sales, prices up in March
Sales volume was up 46 percent in March, compared to the same time last year.
Posted inNews
Portland pro-gun rally gets response from foes
Gun control activists are planning a demonstration to counter the open-carry event Sunday on Back Cove.