ASSOCIATED PRESS • February 10, 2022
A cybersecurity expert has withdrawn a lawsuit that accused the parent company of Maine’s largest utility of bid rigging, but vowed to file a new complaint soon. Paulo Silva, chief executive officer of Security Limits Inc. of Pennsylvania, also accused Avangrid of racketeering and buying unnecessary equipment in his lawsuit. Avangrid, the parent company of Central Maine Power, denied the allegations and filed a defamation lawsuit against Silva and his company. Silva’s lawsuit alleged Avangrid built warehouses to house unused equipment knowing costs could be recovered via higher electricity rates for Maine customers. Avangrid adamantly denied the allegation.