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September 14, 2018

McGrath steps down as head of governor's energy office

Steven McGrath, has stepped down as head of the governor’s energy office after a year at the helm, Gov. Paul R. LePage announced on Thursday.

Angela Monroe, who has served as deputy director of the Governor's Energy Office, will succeed him as director.

"Under Steve's leadership, the Energy Office has led our efforts to increase access to energy and to reduce energy costs for the people of Maine," LePage said in the announcement. "Steve has worked with the Legislature, within the administration and with private industry to help us achieve those goals. I thank him for his service to the people of Maine, and I wish him the best."

McGrath led the state government's efforts to assist Mainers during the oil and propane distribution crisis of December 2017 through January 2018 prompted by the sustained polar vortex. In anticipation of the coming winter he worked with other state agencies and propane distributors to develop a roadmap of key contacts, as well as critical propane distribution centers and railroads.

He also met with every natural gas pipeline company and local distribution company to assess ways to bring more natural gas into the state, according to the governor’s office.

"I have enjoyed working with Gov. LePage, and I am grateful for the opportunity he offered me to serve the people of Maine," McGrath said.

McGrath is a seasoned corporate financial expert, holding an MBA in finance from New York University, and is a Certified Management Accountant. He has served as both chief financial officer of Downeast Energy Corporation and as CEO of Greystone Advisors, a management and financial advisory firm.

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