Senate approves bill to purchase CMP, Versant Power with consumer-owned utility

PORTLAND PRESS HERALD • June 16, 2021

The Maine Senate Wednesday narrowly approved a bill that seeks to set up a consumer-owned power utility to purchase the assets of Central Maine Power and Versant Power. The 19-16 vote in the upper chamber of the Legislature follows a 74-62 approval by the House late Tuesday night. The bill will face at least one more vote in each chamber. But it faces the prospect of a veto by Gov. Janet Mills, who has voiced serious concerns about the measure, and the number of House and Senate supporters isn’t large enough to meet the two-thirds margin needed for a veto override.