Maine Restructuring Agreement

State:
Multi-State
Control #:
US-CC-12-1640B
Format:
Word; 
Rich Text
Instant download

Description

12-1640B 12-1640B . . . Restructuring Agreement under which (a) Delaware corporation (Company) will become holding company by transferring substantially all its assets and liabilities, except for capital stock of its subsidiaries, to a newly organized wholly-owned Delaware subsidiary, (b) pursuant to terms of a Demerger Agreement, certain assets and liabilities of a Norwegian corporation (Norway-One) shall be demerged into a new Norwegian corporation (Norway-Two) and each holder of outstanding shares of Norway-One shall receive one share of capital stock of Norway-Two for each Norway-One share held by such holder, and (c) Company shall commence an Exchange Offer to prospective shareholders of Norway-Two to exchange cash and warrants for Company Class A Common Stock for their Norway-Two shares
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FAQ

CMP and the other transmission and distribution utilities remain fully regulated by the Maine PUC. The generation or supply portion is subject to competition, and one could say it has been "deregulated.?

Two of the main providers in Maine are Central Maine Power (CMP) and Maine Electricity.

You can choose who supplies the electricity delivered to you by CMP. Competitive electricity providers (CEPs or suppliers) supply power to Maine homes and businesses. CMP is required by statute to include the supply charges on your electricity bill and to pass your payments on to suppliers.

Electric Utilities Central Maine Power. Attn: Customer Service. ... Versant Power. P.O. Box 932. ... Eastern Maine Electric Coop. Scott Hallowell. ... Fox Island Electric Coop. Amy Watson. ... Houlton Water Company. John L. ... Isle-Au-Haut Electric. Patrick Tully. ... Kennebunk Light & Power District. Sharon Staz. ... Madison Electric Works. Martin Berry.

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Maine Restructuring Agreement