On December 16, 2014, Loring Holdings, the lead developer of the Loring Energy Projects, filed a revised proposal in both the 2012-00504 Long-Term Contract RFP docket and the 2014-00048 Emera CPCN Proceeding. Learn more here.
Loring has revised its proposal to construct an 85MW Cogeneration Facility at the Loring Commerce Centre and a 157 mile 12" natural gas pipeline in the existing Searsport-Loring Corridor to serve the plant and provide access to low-cost, clean-burning natural gas for the businesses and residents of Northern Maine.
The revised proposal is accessible here, filing number 186. Certain filings containing pricing and business terms are confidential under Protective Order #6, however, the majority of the filing is open to the public.
Loring strongly believes we have presented the MPUC with a solution to the reliability issue in Northern Maine and an opportunity to bring real economic development to area.