BANGOR DAILY NEWS • February 24, 2021
Summit Natural Gas is controlled by Brookfield Asset Management (BAM), which is a Canadian private equity firm with close to $600 billion in global assets under management including controlling shares in Enbridge, Kinder Morgan and almost every hydro facility in the state of Maine. BAM has it's tentacles in every facet of North American energy distribution from tar sands to wind. For more than 20 years BAM, acting through subsidiaries (Fraser Paper, Black Bear Hydro, Acadian Timber, Twin Rivers, Vistra energy, Maritimes & Northeast Pipeline...) and in cooperation with other private equity firms (Apollo Global Capital, Cate Street Capital, Stonehenge Capital...) has been scamming consumers, bilking taxpayers and polluting the air and water in Maine. We will continue to get duped as long as our focus is on the shells and not the con artist. ~ James Roux