PORTLAND PRESS HERALD • October 20, 2023
Recently retired from a career in risk management and insurance, specializing in power and utilities, I see nothing but unnecessary risk to Maine’s stakeholders in Question 3. The bill lacks integration plans or operating framework for the complex and rapidly evolving businesses of CMP and Versant. The astronomical cost to ratepayers for the forced seizure of these assets will make it difficult to maintain essential grid reliability and safety needed for emerging cyber and environmental requirements. Worst is the politicized leadership. Pine Tree Power is a truly bad idea. ~ Christopher Scontras, Cape Elizabeth