Owner of West Enfield dam accuses Versant of stealing $2M

Written By Maine Environmental News

BANGOR DAILY NEWS • December 6, 2023

Versant Power wrongfully claimed more than $2 million of renewable energy credits from a hydroelectric dam, a lawsuit alleges. Bangor-Pacific Hydro Associates, which owns the West Enfield Dam on the Penobscot River, is accusing Versant of illegally taking its renewable energy credits for six years and selling them for “significantly more than” $2 million.

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