Gov. LePage announces buyer for Katahdin paper mills

AUGUSTA, Maine — A New Hampshire-based investor ended months of speculation Tuesday by agreeing to buy the two Katahdin region paper mills, Gov. Paul LePage’s office said.

Cate Street Capital, which describes itself as a national leader in developing green energy companies headquartered in Portsmouth, N.H., signed an asset purchase agreement for the Millinocket and East Millinocket mills.

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