Arctaris Annual Impact Report: Financial Innovation. Community Impact.

Saddleback Mountain Annual Impact Report: Investing in Jobs, Housing, and Sustainability

Date

Saddleback Mountain and Arctaris Impact Investors have just released Saddleback’s first
Impact Report, and the results are impressive – on par with the legendary ski experience that
has earned its recognition as Maine’s favorite mountain for three years in a row and also SKI
Magazine’s #4 best resort in all of North America
.

Over the past four years, Arctaris Impact Investors has invested over $42M in Saddleback
Mountain, breathing new life into the mountain and helping revitalize the surrounding
communities in Western Maine.

This investment has fueled significant positive activity, including:

  • 240+ new jobs
  • New workforce housing with 80 beds
  • 7.5-megawatt solar farm
  • 4 new chairlifts and snowmaking upgrades
  • The Nest: New England’s highest altitude restaurant and event space

The Saddleback Mountain Impact Report highlights the Mountain’s progress to date since its re-
opening in 2020 and highlights the importance of the ongoing sustainability of this economic,
recreational, and cultural asset.

This success story is a testament to the power of partnership. Arctaris Impact Investors, the
Finance Authority of Maine, foundation partners, and the Rangeley community have come
together to make a real difference in Western Maine.

View the Saddleback Impact Report Here

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