The $500,000 loan comes with financing and performance conditions.
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, Local & State, News
Cost of CMP’s storm recovery likely to be reflected in ratepayers’ bills next summer
The utility has until the end of this month to assess damage and calculate how much of the cost of restoring power will be paid by consumers.
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Posted inBusiness, Local & State, News
CMP acknowledges website problems that have frustrated powerless customers
The utility says it’s trying to fix the issue, and notes that listed outages and locations may be wrong.
Posted inBusiness, Local & State, News
CMP’s game plan: Restore power to as many as possible, as fast as possible
Preparations to respond to Maine’s largest outage take place at regional service centers and include a huge expansion of crews put to work.
Posted inBusiness, Local & State, New England, News
Delays in Massachusetts could affect natural gas customers in Maine
Opposition to a new compressor in Weymouth jeopardizes upgrades to existing pipelines.
Posted inBusiness, Local & State, News
Paper industry veteran Randall Davis endorsed by energy committee for PUC post
The Sappi manager was nominated to replace Carlisle McLean on the commission that oversees utilities regulation in the state.
Posted inBusiness, Local & State, News, Source
Electric-car drivers, you can charge it at L.L. Bean in the near future
The retailer in Freeport will soon open Maine’s largest plug-in station to show leadership and promote sustainable practices, and other businesses may take notice.
Posted inBusiness, Local & State, News
Backers of biomass project say they are paying bills, back taxes and ‘not going anywhere’
Entrepreneurs Kimberly and Fahim Samaha say they have invested $17 million of their own money into a project to revive two Maine biomass plants and build an adjacent shrimp farm.
Posted inBusiness, Local & State, News
Vision for turnaround of wood-fired plant in West Enfield takes a hit
An investor rescinds its request for the state to guarantee a loan so the facility’s owner could try to turn wasted heat into profits, as Gov. LePage prepares to promote Maine’s biomass potential at a conference.
Posted inBusiness
More Maine companies explore car-charging stations for employee use
As more people drive electric vehicles, a charging station at work can attract or retain employees.