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Summit Natural Gas announces expansion plans

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Summit Natural Gas of Maine announced today that it intends to move forward with an additional US$ 110 million expansion plan in 2014. The company鈥檚 plan includes expanding natural gas service to the towns of Cumberland, Falmouth and Yarmouth, and the phase two build out of their Kennebec Valley project that will benefit thousands of residents and businesses in Maine.

鈥淭his decision is exciting for people in Cumberland, Falmouth and Yarmouth because it allows us to immediately implement out plans to install natural gas pipelines in southern Maine and serve customers by 2014,鈥 said Mile Minkos, President of Summit Natural Gas of Maine.

鈥淚n the Kennebec Valley, we have contracts well over 1400 customers and we are nearly completed with phase one. The approval for phase two allows us to expand our infrastructure and serve even more customers next year. We will make the US$ 110 million investment in the two regions as part of our passionate commitment to deliver on our promise and provide a more affordable heating source across the state.鈥

Summit Natural Gas of Maine鈥檚 construction on the natural gas pipeline is well underway in the Kennebec Valley, with 99% of the steel transmission pipeline that runs from Pittston to Madison already installed. Several construction firms have built out the first phase of the company鈥檚 planned US$ 350 million Kennebec Valley natural gas transmission and distribution project. The company has been conducting safety tests recently for the gas lined and will turn on the gas in December.

Adapted from press release by

Read the article online at: /business-news/27112013/summit_natural_gas_announces_expansion_plans/

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