Berry introduces bill to restrict foreign ownership of Maine utilities
AUGUSTA - Rep. Seth Berry, D-Bowdoinham, presented LD 697, An Act To Enhance the Energy Security of Maine Residents, before the Legislature's Energy, Utilities and Technology Committee on Tuesday.
The bill as amended would require the Public Utilities Commission (PUC) to deny any future purchase of a Maine utility by a foreign entity if potential ownership jeopardizes reliability, customer privacy and safety, regulatory capacity or the states economy.
