News

Canadian utility closes on purchase of Emera Maine

Canadian utility closes on purchase of Emera Maine

Photo: clipart.com


BANGOR, Maine (AP) A western Canadian utility company has completed the purchase of Emera Maine, which serves 160,000 electric customers across eastern and northern Maine.

The announcement was made on Tuesday, a week after the Maine Public Utilities Commission voted unanimously to approve the deal after a negotiated settlement that’s expected to save Maine electricity ratepayers more than $30 million.

Emera Maine is ENMAX’s first acquisition outside of western Canada.

Emera Maine will continue to operate as a stand-alone utility headquartered in Bangor.

Latest Headlines

4 hours ago in Local

New report suggests Maine already/will soon be in a recession

Credit rating company Moody's reports that the current economic problems are driven largely by a mixture of slowing immigration, increasing tariffs, and federal job cuts.

17 hours ago in Local

Biddeford man charged with manslaughter in death of 5-week-old

Police have arrested a man charged in the killing of an infant in Biddeford last year.

22 hours ago in Local

Deputies seeking teenager reported missing in Pownal

Police are looking for a teenager who may have run away from her home in Pownal.

1 day ago in Entertainment, Trending

Judge tosses out Drake’s defamation lawsuit against label over Kendrick Lamar’s ‘Not Like Us’

A defamation lawsuit that Drake brought against Universal Music Group was tossed out Thursday by a federal judge who said the lyrics in Kendrick Lamar's dis track "Not Like Us" were opinion.

2 days ago in Local

Cell Phone Fire Sends Firefighters to South Berwick School

The phone was immediately taken outside, where it eventually cooled down.