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.