PORTLAND PRESS HERALD • November 21, 2024
A Maine law meant to help small groups stand up to utility companies has been used for the first time. State regulators on Wednesday ordered Central Maine Power Co. to pay fees incurred by an opponent, Our Power, that attempted to block the $2.5 billion acquisition of CMP’s parent company, Avangrid, by the Spanish energy giant Iberdrola. The Public Utilities Commission authorized Our Power to be reimbursed for attorney’s fees, an expert witness and other costs for opposing the ownership change. On Friday, regulators set the final amount to be reimbursed at $46,958.