Augusta, ME, November 24, 2020 The Finance Authority of Maine has approved state new markets tax credit financing for Arctaris Saddleback Co. LLC, the owner and operator of the Saddleback Ski Resort in Rangeley. “FAME is pleased to help with additional financing for this important project, which will help Saddleback pay for the costs of equipment and construction associated with reopening and operating this season,” Dave Daigler, FAME’s board chair, said in the release. “We are happy to help restart this beloved Maine ski mountain and to help stimulate year-round economic development in Rangeley and western Maine.
Archive for November, 2020
Against All Odds, Saddleback Ski Resort Will Reopen This Season
Boston, MA, November 11, 2020 Folks across New England have watched for years to see what would happen to this beloved ski mountain. Deals were brokered, and then fell through, one by one. But in early 2020, a deal was finally sealed, with a surprising partner. Read more at the Boston Globe.