Iberdrola USA Foundation Helps Preserve Portland Wilderness

         Iberdrola USA Foundation Helps Preserve Portland Wilderness

13 acre property now part of Portland, Maine Parks Network

PR Newswire

NEW GLOUCESTER, Maine, Jan. 7, 2013

NEW GLOUCESTER, Maine, Jan. 7, 2013 /PRNewswire/ --The Iberdrola USA
Foundation, Inc. recently helped The Trust for Public Land acquire the so
called "Canco Woods" in the City of Portland, Maine for use as a public park.
The Foundation, which had recently acquired title to the 13 acre woodland,
reduced its price to make the final sale and preservation of the urban forest
possible.

The Trust for Public Land subsequently conveyed the property to the City of
Portland which plans to add the land to its larger system of parks and walking
trails.

A Legacy of Protecting the Environment
The Union Water Power Company, a subsidiary of Iberdrola USA, put the
light-industrial zoned parcel up for sale in the spring of 2012. That listing
generated interest from several groups which had been formed specifically to
raise funds and acquire the property.Union Water Power then donated the
property to the Iberdrola USA Foundation.

After fund-raising efforts came up short, The Foundation reduced the asking
price of the property to $300,000 and finalized the sale. "Preserving this
property fits our mission exactly and continues Iberdrola's long legacy of
protecting the environment," said Bob Kump, chairman of the Iberdrola USA
Foundation and CEO of Iberdrola USA. "In the end, we were very pleased to help
the City keep this small island of wilderness available for all the people of
Portland."

Call for Scholarships Continues
The Iberdrola USA Foundation also reminds students that its call for
scholarships for Energy and Environment Master's Programs in the US for the
2013-2014 academic year will end February 15, 2013.

The scholarships program gives Spanish, British or US graduates the chance to
specialize in renewable energy, sustainable energy systems, environment &
biodiversity, carbon-free technology & emissions management, energy
efficiency, energy storage, electric vehicles or smart grid programs.

Scholarships are intended for use at the University of Rochester or the
University of Maine. For more information, or to apply for a scholarship,
please visit our website: www.fundacioniberdrola.org.

About the Iberdrola USA Foundation: The Iberdrola USA Foundation, Inc.
supports activities that enhance the quality of life where Iberdrola USA and
its subsidiaries operate. The Foundation supports initiatives that focus on
sustainable energy, the environment, art and culture, as well as cooperation
and solidarity. www.iberdrolausa.com.

SOURCE Iberdrola USA

Website: http://www.iberdrolausa.com
Contact: Dan Hucko, Daniel.Hucko@IberdrolaUSA.com, +1-585-724-8825
 
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