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Pine Tree Power: What it would take for proposed utility company to take over Proponents of the plan say the transition could take place as soon as 2025. Opponents predict a lengthy and costly legal battle with CMP and Versant. Author: Hannah Dineen (NEWS CENTER Maine) Published: 7:06 PM EDT July 7, 2021 Updated: 7:06 PM EDT July 7, 2021 MAINE, USA There are a lot of things that would have to happen in order for the Pine Tree Power Company, a proposed nonprofit, privately operated utility company, to replace Central Maine Power and Versant Power as Maine s primary electric provider. First and foremost, it has to make it off Governor s Mills desk through her signature, or by expiration. According to the governor s office, she has until July 13 to sign or veto the bill before it would automatically go into effect.

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