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Investors have pulled out of the Billerica power plant development.
This development is significant, said Fitzpatrick, because it could remove the Billerica Energy Center from ISO New England’s waiting list to provide electricity to the region. ISO New England is the organization that operates the regional power grid.
“We’ve communicated (to ISO-New England) we are no longer actively developing the project,” said Fitzpatrick.
Mentioned also is that the plan could always be revived in a few years but losing its place on the ISO list is a pretty final thing for the current plan.
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