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UMaine-Augusta Signs 5-Year Natural Gas Deal
07/03/2013 10:00 AM ET  

The deal with Brunswick-based Maine Natural Gas, a subsidiary of Iberdrola USA, is expected to yield substantial savings for the school.

AUGUSTA, Maine (AP) _ The University of Maine at Augusta has signed a five-year contract to heat campus with natural gas, a deal expected to save the school up to $1 million.

The deal with Brunswick-based Maine Natural Gas, a subsidiary of Iberdrola USA, was announced Tuesday. The campus will begin receiving natural gas on Oct. 1.

Natural gas will replace No. 2 heating oil.

University spokeswoman Rachel McFadden tells the Kennebec Journal that under the contract's terms, the university could re-up with the company for an additional five years.

The University of Maine System solicited bids in December for cost-saving forms of fuel to campuses in Augusta, Farmington, Machias and Presque Isle. The Augusta project is the only one to move forward so far.


 

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