CMP sweetens the deal, picks up support from Mills and others for $950M project

Central Maine Power announced this morning it has signed a stipulation asking the Maine Public Utilities Commission to authorize its $950 million transmission project to deliver Canadian hydropower through Maine to Massachusetts.

The proposed settlement includes conditions that Acadia Center and Conservation Law Foundation sought directly from CMP under a Jan. 30 memorandum of understanding signed by CMP President and CEO Doug Herling and CMP Vice President, Treasurer and Controller Eric Stinneford.

Read the full article from Maine Biz here.