Moody's Turns 80, CMP's Parent Co. Faces Buyout
June 27, 2007 Can there be a better headline to celebrate than "A Maine legend turns 80 - Happy Birthday Moody's?" The Courier Gazette's website, mainecoastnow.com
June 27, 2007
Can there be a better headline to celebrate than "A Maine legend turns 80 - Happy Birthday Moody's?"
The Courier Gazette's website, mainecoastnow.com , is credited with giving birthday wishes to the roadside dinner that has given generations of Mainers and tourists good reason to stop.
Moody's is the stuff of dining legend, a requisite stop along Route 1, the namesake of cherished cookbooks. Homemade custard pies, blueberry pies, donuts, chowders - the reasons to celebrate Moody's could be listed on and on here, but running a restaurant for 80 years is reason alone to celebrate.
As one business marks a milestone, another faces a change of ownership. Central Maine Power company's parent, Energy East, is facing a buyout by Iberdrola. Maine Today.com published an AP Wire report detailing the buyout, but little more . Energy East powers an electricity network throughout New England and including New York, Maine, Massachusetts, New Hampshire and Connecticut.
Digging deeper than the wire scratched, other publications reported that the Spanish company hopes the friendly buyout will strengthen its Atlantic platform. The company, headquartered in Spain for a century, is known for tapping renewable resources for its power grids placed worldwide. Iberdrola believes in wind power. Of its 3914 Megawatts of electricity produced by renewable resources, 3598 came from wind turbines.
That's an interesting fact when placed in the light of other recent Maine headlines about alternative energy.
As reported by Down East in July, renewable energy sources don't always fare well in Maine.
Editor Jeff Clark wrote, `For wind power's proponents, Maine's reputation as an environmentally aware state has taken an ironic twist. If every proposed project is going to face lengthy hearings, expensive delays, and loud criticism over noise, endangered species, remote wilderness preservation, and bird and bat mortality levels, why bother?"
Can there be a better headline to celebrate than "A Maine legend turns 80 - Happy Birthday Moody's?"
The Courier Gazette's website, mainecoastnow.com , is credited with giving birthday wishes to the roadside dinner that has given generations of Mainers and tourists good reason to stop.
Moody's is the stuff of dining legend, a requisite stop along Route 1, the namesake of cherished cookbooks. Homemade custard pies, blueberry pies, donuts, chowders - the reasons to celebrate Moody's could be listed on and on here, but running a restaurant for 80 years is reason alone to celebrate.
As one business marks a milestone, another faces a change of ownership. Central Maine Power company's parent, Energy East, is facing a buyout by Iberdrola. Maine Today.com published an AP Wire report detailing the buyout, but little more . Energy East powers an electricity network throughout New England and including New York, Maine, Massachusetts, New Hampshire and Connecticut.
Digging deeper than the wire scratched, other publications reported that the Spanish company hopes the friendly buyout will strengthen its Atlantic platform. The company, headquartered in Spain for a century, is known for tapping renewable resources for its power grids placed worldwide. Iberdrola believes in wind power. Of its 3914 Megawatts of electricity produced by renewable resources, 3598 came from wind turbines.
That's an interesting fact when placed in the light of other recent Maine headlines about alternative energy.
As reported by Down East in July, renewable energy sources don't always fare well in Maine.
Editor Jeff Clark wrote, `For wind power's proponents, Maine's reputation as an environmentally aware state has taken an ironic twist. If every proposed project is going to face lengthy hearings, expensive delays, and loud criticism over noise, endangered species, remote wilderness preservation, and bird and bat mortality levels, why bother?"
- By: Lorie Costigan








