New Hampshire's Business News for July 25
A look at today's top business headlines, including: details of the Eversource power plant agreement, Northern Pass clears another hurdle, NH's incentives for pellet stoves and other sustainable energy, Cannon Mountain gets okay for more snowmaking and developers want to expand The Balsams Resort
How was the Eversource divestiture agreement reached and how will it be implemented? Whatever company buys Eversource’s New Hampshire power plants, as a result of the utility’s recently struck agreement to get out of the generation business, will be acquiring a lot of unknowns if it plans to keep producing electricity. – N.H. BUSINESS REVIEW
Transparency and the Eversource settlement Keeping power purchase pricing data confidential hurts customers. N.H. BUSINESS REVIEW
Northern Pass plan clears another hurdle Holyoke, Massachusetts-based ISO-New England on Thursday determined that Eversource’s Northern Pass transmission project can reliably interconnect with the regional electric grid. – NEW HAVEN REGISTER
Workshops scheduled in 5 communities on Northern Pass impact A New Hampshire assistant attorney general representing the public will conduct five workshops from Concord to Colebrook in the coming weeks. – WMUR-TV
City Council opposed to ratepayers covering pipeline costs A divided Keene City Council has backed a resolution saying it opposes a plan that would allow electric ratepayers to cover the cost of a new pipeline project. – KEENE SENTINEL
N.H. boosts incentives for wood pellet furnaces and boilers The incentives are aimed at promoting sustainable energy use and getting rid of dirty old wood stoves. which can pose health risks. – N.H. PUBLIC RADIO
Cannon Mountain gets OK for major energy-efficiency project Come this ski season, Cannon Mountain, thanks to several major upgrades, will reduce its energy usage by a third while adding 50 percent more snowmaking capability at no additional cost. — N.H. UNION LEADER
Developer seeks OK for expanded Balsams Although the start of construction has been pushed back from summer to the fall, the redevelopment of The Balsams Resort is continuing to move forward, according to a spokesman for Dixville Capital. – N.H. UNION LEADER
Federal lawsuit won't stop state review of Anthem-Cigna merger The merger would hurt New Hampshire more than any other state served by the two insurance companies, according to an analysis by the AMA. – N.H. UNION LEADER
NH businesses recognized in video campaign A new video campaign is placing New Hampshire retail in the national spotlight, celebrating everything from the state's tax advantage to local businesses' community engagement. – N.H. UNION LEADER
Farmers pressured by drought, worry about lack of rain “I grew up here — it’s the driest I’ve ever seen,” said Dan Hicks, a third-generation family farmer at Sunnycrest Farms in Londonderry. LAWRENCE EAGLE TRIBUNE
Drought hits Northeastern U.S., could last months At Lavoie’s Farm in Hollis, beans and corn haven’t broken through the ground yet and fields of strawberries are stunted. – CONCORD MONITOR
BAE Systems Describes EW Capabilities The Nashua, N.H.-based business has produced more than 12,000 tactical systems in its 60-year history, according to vice-president and general manager Jerry Wohletz, in a rare media briefing at the recent Farnborough airshow. — AVIATION INTERNATIONAL NEWS
Merrimack defense company Kollsman awarded $11 million contract with US Navy Kollsman, Inc., a subsidiary of Elbit Systems, has been awarded a major contract with the U.S. Navy. – N.H. UNION LEADER
Peterborough gas station opening delayed The delayed opening of a larger convenience store and gas station on Route 202 has meant a frustrating summer in “Our Town.” — N.H. UNION LEADER
Pizza joint to relocate to old fabric store Business has been good for Enrique Marrero – so good he hopes to expand his Gate City Pizza across West Hollis Street to the block-long, brick building that once housed a custom draperies store. – NASHUA TELEGRAPH
The Place Studio and Gallery will soon be in a new place At the end of August, owner Christa Zuber is moving her art-making studio from Main Street to the Concord Community Arts Center, citing high downtown rent as one of the reasons for the change. – CONCORD MONITOR
Granite State Hedgehogs opens retail store in Ashland Ashland recently became the home of the only retail store in New Hampshire that is dedicated to selling African pygmy hedgehogs. – N.H. UNION LEADER
Petition: More aggressive Rennie cleanup needed Dartmouth College is at odds with a group of concerned neighbors who want the school to undertake a more thorough cleanup of a 50-year-old burial site for laboratory waste. – VALLEY NEWS
