Received 10/07/2020.
Versant Power (formerly Emera Maine, legacy of Maine Public Service Company and Bangor HydroElectric Company) has filed an application to affect a voluntary transfer of Presidential Permit No. PP–89–2 to its name, via the Department of Energy’s (DOE) rescission and simultaneous reissuance of the permit. Versant Power owns the facilities authorized for cross-border electric power transmission by Presidential Permit No. PP–89–2. The named permittee is Bangor Hydro-Electric Company (Bangor Hydro), which became Emera Maine following a corporate merger on January 1, 2014, but without a concurrent change to the name on the permit.
As a result of another corporate transaction in March 2020, Emera Maine’s parent company came under new ownership; Emera Maine was required to change its name and became Versant Power. The application therefore requests that DOE rescind Presidential Permit No. PP–89– 2 and simultaneously issue a permit, in Versant Power’s name, covering the same international transmission facilities.