CMP Natural Inks Gas Delivery Deal with Calpine
CMP Natural Gas (CMPNG) said it has signed a long-term contract to deliver
gas on a proposed pipeline lateral to a 540 MW gas-fired power plant being
built in Westbrook, ME, by Calpine Corp. Construction of the $200 million
electric generating facility is under way and Calpine said it will require
gas service by June 1, 2000.
Pending Maine Public Utilities Commission approval, CMPNG plans to serve
Calpine by building a new lateral that would interconnect with the nearby
pipeline facilities that are jointly owned by Portland Natural Gas Transmission
System and Maritimes & Northeast Pipeline.
"Having Calpine as a customer will help fulfill our overall strategy
of serving both large and small customers throughout Maine and is a reflection
of our ability to provide timely, competitively priced services in a rapidly
changing energy market," said CMPNG CEO Tim D. Kelley.
CMPNG began construction of its first local distribution system in Windham,
ME, earlier this year and began serving its first customer in May. The
company is a joint venture of CMP Group, Inc., parent of Central Maine
Power, and Energy East, parent of New York State Electric & Gas. Energy
East announced plans last month to buy CMP Group for $1.2 billion in cash
and debt (see NGI June 21).
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