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Tuesday, January 5, 2010

Maine Governor on NB Power Deal

After initially expressing reservations over the proposed agreement to sell the major assets of NB Power to Hydro Quebec, Maine Governor John Baldacci has changed his tune now saying the deal should mean good news for his state and the region.
Baldacci says he met with Quebec Premier Jean Charest over the holidays to find out if Maine's high power rates would be reduced under the deal and the state's growing renewable energy sector protected. According to the Governor, the discussions have been ``very positive toward that happening.''