The site could potentially provide enoughlocally-generated, carbon-free renewable electricity to meet the annualneeds of up to 20,000 average Vermont households.Green Mountain Power recently signed an easement agreement with MooseMountain Forestry of Lowell. General and administrative expenses for the second quarter 2009 were $5.6million, a decrease of $0.1 million, compared to the second quarter 2008 of $5.7million. Net interest spread and margin on a tax-equivalent basis of 2.60%and 2.92%, respectively, for the second quarter of 2009 increased 13 and 7 basispoints, respectively, compared to the first quarter of 2009. “Theyshould have been able to get a much better price, especiallybecause Merck was forced to sell Merial.” Morgan Stanley analysts also said the price was above theirexpectations, though there were no good comparables againstwhich to benchmark it.

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