Business & Development

Iberdrola Renewables will be setting up two towers to conduct wind studies for a possible wind turbine site on land in Trescott owned by Griffin family members under DMG Enterprises. Iberdrola, headquartered in Spain, is considered the largest renewable energy operator in the world. Iberdrola USA is the parent company

An international investment holding company that trades almost exclusively in hardwood pulp has bought the Domtar hardwood market pulp mill in Baileyville.

The Saint John LNG terminal earlier this month picked up a new contract to help ensure its supply of natural gas. On October 7 Repsol and Qatargas signed a multiyear agreement under which Qatargas will supply liquefied natural gas to Repsol Energy Canada Ltd. at the Canaport LNG facility.

Sea lice outbreaks at salmon farms in Passamaquoddy and Cobscook bays this summer have contributed, along with warm water temperatures, to the loss of thousands of fish and presented a significant challenge to the industry, but the losses have not placed the fish farming companies in financial...

Washington County and the City of Eastport are the successful applicants for $1,423,480 in federal funding to create up to 70 jobs over a three-year period and the first marine renewable energy manufacturing facility of its kind in the United States.

Numerous state, local and federal officials and leaders of Ocean Renewable Power Company (ORPC) were in Eastport on August 24 to see a demonstration of the largest ocean tidal energy generator in the United States and to celebrate ORPC's successful generation of energy...