Maine regulators reject Canadian company’s plan to buy Emera Maine

by Lori Valigra
5 years ago
An Emera Maine truck in front of one of its operations centers in Maine. The utility has filed a notice to the Public Utilities Commission that it plans to request a hike in its electricity distribution rate in March 2019. (Courtesy of Emera Maine)
The Maine Public Utilities Commission on Thursday voted 2 to 1 against a Canadian company’s proposal to buy Emera Maine, citing concerns about risks to ratepayers, including whether it is able to pay for needed system upgrades.Read more.