An independent audit of the administration construction at Maine’s biggest power company has located the business faces challenges but is probably geared up to get over them.
The Maine Public Utilities Fee ordered the assessment of Central Maine Power’s administration method in January 2020. The purchase followed an investigation of the utility’s fees.
Liberty Consulting Group of Lebanon, Pennsylvania, executed the audit of CMP, which is a subsidiary of Connecticut-based mostly Avangrid. Iberdrola which is headquartered in Bilbao, Spain, is the vast majority proprietor of Avangrid. Liberty unveiled its audit on Monday and found that Avangrid is not “a fundamentally