Feb. 3, 2012
ON government open to renegotiating power purchase agreement with new owner of St. Marys Paper [From the web]
SAULT STE. MARIE, ON, Feb. 3, 2012 (Local News) - The Ontario government would renegotiate a long-term energy purchase agreement with a new owner of St. Marys Paper.
The century-old papermaker went into receivership in late December.
St. Marys Renewable Energy Corp., the mill's energy subsidiary, received a 10-year power purchase agreement with Ontario Power in November 2010 for its proposed 35-megawatt biomass cogeneration plant.
ON government open to renegotiating power purchase agreement with new owner of St. Marys Paper
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