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The nine Northeastern and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI), the nation’s first market-based regulatory program to reduce greenhouse gas (GHG) pollution, today announced the results of the 33rd auction of carbon dioxide (CO2) allowances. The September 7th auction was the third auction of 2016, and generated $67.7 million. There were 14,911,315 CO2 allowances were sold at the auction at a clearing price of $4.54. Bids for allowances ranged from $2.10 to $12.65 per allowance.

Congresswoman Chellie Pingree said today that Ocean Renewable Power Company (ORPC) headquartered in Portland is getting a $5.35 million Department of Energy grant to finish development of the commercial design of its TidGen Power System. The new design will be tested, operated and monitored in Washington County. This DOE funded project is a critical next step in the eventual deployment of the company's proposed 5MW Maine Tidal Energy Project.

U.S. Senators Susan Collins and Angus King today announced that Ocean Renewable Power Company (ORPC) will receive $5,350,000 through the Department of Energy to enhance the performance of its tidal turbine system.  ORPC was one of 10 organizations across the country to receive funding to support the development of a commercially viable marine and hydrokinetic industry

The Maine Real Estate & Development Association (MEREDA) has announced that Lawrence A. Wold, president of TD Bank has retired from MEREDA’s Board of Directors after 18 years of service. During this time, Larry served as president from 2000 – 2002 and was recognized with MEREDA’s Volunteer of the Year Award in 2003. During his tenure, Larry spearheaded an initiative to assist with MEREDA’s new member recruitment efforts

Tranzon Auction Properties is pleased to announce the successful auction of the Foundation for Blood Research (“FBR”) property located in Scarborough, Maine. The auction was held on Thursday, August 10.  “Tranzon Auction Properties was introduced to the project by Greg Boulos, a partner with CBRE/The Boulos Company.” said Mike Carey, Senior VP of Tranzon Auction Properties. “After consultation with the Foundation Board and professional staff, we determined the auction methodology would serve the needs of the Foundation in its efforts to wind down their operations and sell this asset.”

Marking the 81st anniversary of the signing of the Social Security Act, the Frances Perkins Center in Newcastle, ME will host its 8th Annual Garden Party and awards ceremony at the Perkins Homestead National Historic Landmark on Sunday, August 14, from 2:00pm to 5:00pm.

U.S. Senators Susan Collins and Angus King and Representative Bruce Poliquin announced that the Northern Border Regional Commission (NBRC) is awarding $1,996,186 to upgrade infrastructure and provide job training skills that will result in economic growth across Maine.

The Maine Public Utilities Commission (Commission) has issued a Request for Applications for Disbursements from Maine’s Regional Greenhouse Gas Initiative (RGGI) Trust Fund. The Request for Applications was issued on July 20, 2016 and is available on the Commission's website

Paul Peck, attorney at Drummond & Drummond and real estate developer with LWS Development LLC is the new president of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities.

U.S. Senators Susan Collins, the Chairman of the Transportation, Housing, and Urban Development (THUD) Appropriations Subcommittee, and Angus King announced today that the Maine State Housing Authority will be awarded $3,000,000 in Lead Hazard Reduction Demonstration grant program funding and $400,000 in Healthy Homes Supplemental funding. The Authority will address lead hazards in 230 housing units providing safer homes for low- and very low-income families with children. The Housing Authority will also perform healthy homes interventions in 120 units

U.S. Senator Angus King (I-Maine) today announced his support for the Timber Innovation Act, bipartisan legislation introduced last month by Senators Debbie Stabenow (D-Mich.) and Mike Crapo (R-Idaho) that would support the advancement of the forest products industry by accelerating research and development – and ultimately construction – of wood buildings in the United States.

With the support of U.S. Senator Angus King (I-Maine), a member of the Senate Energy and Natural Resources Committee, the Senate today passed the Energy and Water Development Appropriations Act, bipartisan legislation that funds U.S. Department of Energy programs and critical water infrastructure projects administered by the Army Corps of Engineers.

U.S. Senators Susan Collins and Angus King welcomed the announcement that the Greater Portland Council of Governments (GPCOG) and the College of the Atlantic will receive a total of $164,650 in grant funding from the U.S. Department of Agriculture (USDA) to further their efforts in energy conservation and develop renewable energy systems. The GPCOG will receive $100,000 and the College of the Atlantic will receive $64,650.

U.S. Senators Susan Collins and Angus King welcomed the announcement that five community organizations in rural Maine will benefit from a total of $206,400 in grant funding from the U.S. Department of Agriculture (USDA). The Houlton Band of Maliseet Indians, Downeast Salmon Federation, Eastport Arts Center, Aroostook Dental Clinic, and Unity Barn Raisers will all receive grants to further their work in Maine communities.

Single-family existing homes in Maine experienced a healthy bump in sales volume and value over the past 12 months. Realtors from across Maine’s 16 counties reported 1,089 sales in March 2016—a 14.63 percent jump from March 2015