Wednesday, November 30, 2011

NewPage Port Hawkesbury and Bowater Mersey Paper Get Break in Electric Rates


The Nova Scotia Utility and Review Board ruled that NewPage Port Hawkesbury, which is in bankruptcy protection and seeking a buyer, and Bowater Mersey Paper, which has been struggling, will receive a discounted rate for electricity for a period a three years.  The companies had requested a five-year respite.