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August 18, 2015

Boston energy firm signs option for Rockland properties

A subsidiary of Boston-based Energy Management Inc. has signed an option-to-purchase agreement for Rockland’s City Hall and public services garage properties.

The Bangor Daily News reported that the city’s sale of the properties to Rockland Energy Center LLC, which wants to build a $200 million natural gas plant there, requires votes of the Rockland City Council and a public referendum. The company is paying $1,000 a month for the option and stipulates that discussion on a purchase-and-sales agreement must happen by February 2016.

The newspaper noted that a citizen group called Renew Rockland has formed in opposition to the proposed plant, which would support 12 to 18 permanent jobs and provide low-cost steam to other local industries that would help them lower costs.

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