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International Paper in $70M pact with Vermont utility for natural gas pipeline to Ticonderoga, NY, paper mill

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International Paper in $70M pact with Vermont utility for natural gas pipeline to Ticonderoga, NY, paper mill

October 18, 2012 - 12:41
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ADDISON COUNTY, VT, Oct. 18, 2012 (Local News) -Vermont Gas Systems and International Paper Co. on Wednesday announced a $70 million pact through which the South Burlington-based utility would supply natural gas to the paper company's Ticonderoga, N.Y., mill as soon as 2015.

The agreement, contingent on approval by the Vermont Public Service Board, calls for a 10.5-mile pipeline to be built under Lake Champlain as an offshoot of the Addison Natural Gas Project that has already been pitched to extend natural gas service south from Chittenden County into Vergennes and Middlebury.

Addison Independent - Vt. Gas Systems and International Paper to fund gas pipeline extension to Ticonderoga mill

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