Maine PUC Approval of Merger of Bangor Hydro and Maine Public
Verrill successfully obtained Maine PUC approval for the 2014 merger of Maine Public Service Company and Bangor Hydro Electric Company into a single corporation, Emera Maine.
In 2014, Emera proposed merging its two Maine operating utilities, Maine Public Service Company and Bangor Hydro-Electric Company into a single corporation, Emera Maine. The consolidation required extensive analysis and review of the respective rights and responsibilities of two major utilities, each with a long operating history of almost 100 years. The Verrill team, led by Bill Harwood and Nora Healy, carefully reviewed each utility's unique statutory rights, regulatory agency's approvals, waivers and exemptions, and contractual rights to be sure they survived the merger. After extensive discovery and hearings, the Verrill team succeeded in securing Maine PUC approval of the merger.