US-based Central Maine Power (CMP) and Canadian Hydro-Québec have signed a settlement agreement with Maine's State Office of Public Advocate, Maine's Chamber of Commerce, the Industrial Energy Consumers' Group, the International Brotherhood of Electrical Workers, and New England environmentalist groups—the Conservation Law Foundation and Acadia Center—offering more than USD437 million in rate relief, subsidies and network upgrades in Maine in order to gain support for the New England Clean Energy Connect (NECEC) project.
