There’s news today of an agreement for the sale of the Balsams Hotel and its surrounding 7,000 acres of land.
As part of our ongoing discussions with landowners in northern New Hampshire, The Northern Pass project did participate in the Request For Proposals developed by the Tillotson Foundation for the sale of its land assets.
We put forward a good faith offer for one of the land parcels; an offer that we felt was consistent with our goal of developing a project route with minimal impact.
Ultimately, this reported sale involves only one of the many landowners we are currently working with. Over the past several months the project had made significant progress in our effort to develop a route that has the support of landowners, and we will continue that process.