BERLIN — Burgess BioPower continues to move forward on its plan to co-locate a hydroponic commercial greenhouse on the former mill property using waste heat generated by its steam condenser. The biomass plant is also working with the city on its application to heat streets and sidewalks in the downtown with some of that waste heat.
The 75-megawatt biomass plant is the largest generator of renewable energy in the state and Cate Street Operations Vice President Sarah Boone calls it one of the state’s “crown jewels”. She said the company is focused on renewable green energy and noted both the greenhouse and snowmelt projects fit that objective.
"Pagurian(noun) any one of a tribe of anomuran crustaceans, of which Pagurus is a type; the hermit crab." - Websters
Cate Street, like a hermit crab, inhabits scavenged shells, which they repurpose for profit and eventually discard. Cate Street's proclivity for this type of shell game was so thoroughly reported on after the Great Northern debacle, which cost Maine taxpayers over $16 million, that it's a wonder they managed to stay in business much less continue to receive State and federal subsidies and grants. How does Cate Street manage to succeed at failure? Could it be that they are just a placeholder in a much bigger shell game?
In 1954 Edward and Peter Bronfman established Edper with the proceeds that received from their uncle Samuel in return for their fathers shares in Seagram's and Son's. Edward and Peter hired an accountant from South Africa named Jack Cockwell who grew the Edper Empire through complex financing and a pyramidal corporate structure . From 1989 to 1995 The Bronfman brothers divested themselves from all holdings in Edper. Jack Cockwell funneled remaining assets into subsidiaries and engineered a leveraged buyout of energy conglomerate Brascan. One of Cockwell's subsidiaries was named the Pagurian Corporation.
The Pagurian corporation is the antecedent for Brookfield Asset Management, which is now a humongous shell with over $500 billion assets under management including Kinder Morgan, Enbridge and Westinghouse to name a few.
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"Pagurian(noun) any one of a tribe of anomuran crustaceans, of which Pagurus is a type; the hermit crab." - Websters
Cate Street, like a hermit crab, inhabits scavenged shells, which they repurpose for profit and eventually discard. Cate Street's proclivity for this type of shell game was so thoroughly reported on after the Great Northern debacle, which cost Maine taxpayers over $16 million, that it's a wonder they managed to stay in business much less continue to receive State and federal subsidies and grants. How does Cate Street manage to succeed at failure? Could it be that they are just a placeholder in a much bigger shell game?
In 1954 Edward and Peter Bronfman established Edper with the proceeds that received from their uncle Samuel in return for their fathers shares in Seagram's and Son's. Edward and Peter hired an accountant from South Africa named Jack Cockwell who grew the Edper Empire through complex financing and a pyramidal corporate structure . From 1989 to 1995 The Bronfman brothers divested themselves from all holdings in Edper. Jack Cockwell funneled remaining assets into subsidiaries and engineered a leveraged buyout of energy conglomerate Brascan. One of Cockwell's subsidiaries was named the Pagurian Corporation.
The Pagurian corporation is the antecedent for Brookfield Asset Management, which is now a humongous shell with over $500 billion assets under management including Kinder Morgan, Enbridge and Westinghouse to name a few.
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PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
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Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.