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Maine governor signs law to help Great Northern Paper sell electricity and restart mill

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Maine governor signs law to help Great Northern Paper sell electricity and restart mill

April 08, 2014 - 11:09
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EAST MILLINOCKET, ME, April 8, 2014 (Bangor Daily News) -Gov. Paul LePage has signed into law a bill that would allow electricity sales to restore at least 200 jobs and re-energize a local paper mill, his spokeswoman said Tuesday.

"This is a step in the right direction so that both parties can come to an agreement," said Adrienne Bennett, calling the new law necessary. "The governor is pleased that it moved forward as quickly as it did."

The new law, which LePage signed on Monday, permits hydroelectric dam owner Brookfield Asset Management to negotiate a shared profit with mill parent company Cate Street Capital to sell electricity to the marketplace "as long as there is no reduction in labor force associated with the cessation or reduction of paper production."

Bangor Daily News - LePage signs bill to help restart East Millinocket mill

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