Boston Edison, Central Maine Invite Bids for Plants

Fortnightly Magazine - September 1 1997
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Report - Grid Investment for Medium & Heavy Duty EVs

Central Maine Power Co. has sent requests for proposals to all parties expressing an interest in purchasing the utility's generation assets, as provided for by recently enacted state legislation.

Also, Boston Edison Co. has unveiled its proposal for divesting its gas- and oil-fueled generating plants, and has submitted its divestiture plan to the Massachusetts Department of Public Utilities. The plan reflects a settlement among the utility, Massachusetts Attorney General Scott Harshbarger and the Massachusetts Division of Energy Resources.

Interest in Hydro. Central Maine Power announced the possible sale of its plants on April 28. "There is substantial interest in our power plants especially our hydro system," said Gerald C. Poulin, COO of CMP Co.

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