Statement From Avangrid on the Maine Utility Takeover Referendum
The following is a statement from Avangrid, Inc. (NYSE: AGR) regarding today’s vote on the Maine utility takeover referendum:
- The following is a statement from Avangrid, Inc. (NYSE: AGR) regarding today’s vote on the Maine utility takeover referendum:
“Fifty years ago, in 1973, voters in Maine soundly rejected a proposal to seize Maine’s electric grid and replace it with a political board ( 61 NO – 39 YES ). - Maine voters have once again rejected this risky proposal.
- “Next year Central Maine Power will mark 125 years since its founding, and its commitment to delivering safe and reliable service remains unchanged.
- “In the face of climate change, meeting the needs of an increasingly electrified society is best done by those with the most experience.