Bangor Hydro-Electric
TSX VENTURE : EMA

Bangor Hydro-Electric

July 25, 2005 13:20 ET

Northeast Reliability Interconnect Receives PUC Approval

BANGOR, Maine--(CCNMatthews - Jul 25, 2005) -

The Maine Public Utilities Commission (PUC) voted on July 22nd to grant Bangor Hydro-Electric Company's Northeast Reliability Interconnect (NRI) project a Certificate of Public Convenience and Necessity (CPCN). This approval brings the NRI and its benefits for the Maine and New England electric systems one step closer to becoming a reality.

Rob Bennett, Bangor Hydro-Electric Company Vice President and General Manager, in commenting on the PUC approval, acknowledged that this is a significant milestone for the project. He also noted, however, that the Company is still in the design and permitting phase of the NRI Project. "We are extremely appreciative of the input provided by the various stakeholders throughout this process to date, and are continuing to work with and be responsive to a range of environmental stakeholders." In addition to this PUC approval, the Federal Department of Energy, the Maine Department of Environmental Protection, and the Army Corps of Engineers are all evaluating this project in relation to their respective permits.

The proposed NRI would connect the large substation in Orrington, Maine, to a similar line being built by New Brunswick Power. Although Maine shares more than 600 miles of border with Canada, only one major transmission line links Maine with the Maritimes. Improving the electrical infrastructure supports security of service and supply for all types of customers. Constructing the NRI will provide long-term reliability, efficiency and market benefits to Maine, New England and the Maritimes.

Bangor Hydro-Electric Company: Bangor Hydro-Electric Company (BHE) is an electric utility wholly-owned by Emera Inc. BHE serves a population of 192,000 in an area encompassing 5,275 square miles in eastern and east coastal Maine. BHE is a member of the New England Power Pool and is interconnected with other New England utilities to the south and with the New Brunswick Power Corp. to the north. Visit us at www.bhe.com.

Emera Inc. (EMA-TSX) is an energy and services company with 570,000 customers and $4.0 billion in assets. The core business of Emera is electricity and the company has two wholly-owned regulated electric utility subsidiaries, Nova Scotia Power Inc. and Bangor Hydro-Electric Company. Nova Scotia Power supplies over 95% of the electric generation, transmission and distribution in Nova Scotia. Bangor Hydro provides electricity transmission and distribution service to 107,000 customers in eastern Maine. It is a member of the New England Power Pool, and is interconnected with the other New England utilities to the south and with New Brunswick Power to the north. In addition Emera owns a 12.9% interest in the Maritimes & Northeast Pipeline, which delivers Sable natural gas to markets in Maritime Canada and the northeastern United States; Emera Energy Services, which manages energy assets on behalf of third parties and provides related services; and Emera Fuels, which distributes home heating oil and related products to customers in the Maritime provinces. Visit Emera on the web at www.emera.com.

Contact Information

  • Bangor Hydro-Electric Company
    Bethany J. McKnight, 207-973-2812