ENMAX Corporation

Emera Maine

The Maine Public Utilities Commission has rejected a proposal by Canadian company Enmax to buy the electric utility that serves more than 150,000 customers in Northern Maine.

Courtesy Emera Maine

The electric utility Emera Maine and its would-be Canadian buyer Enmax are proposing millions of dollars in rate relief for customers — if the deal goes through. But some state lawmakers are calling on regulators to take their time setting terms for the $1.2 billion deal.

Maine Public Advocate Barry Hobbins says he wants the Public Utilities Commission to take a close look at the proposal by Canadian company Enmax to buy Emera Maine, the state's second-largest utility.

Courtesy Emera Maine

Nova Scotia energy company Emera is selling its Maine subsidiary to another Canadian company, ENMAX Corporation, for $959 million.