Northern Pass Investing In The Balsams

Mar 7, 2016

Les Otten
Credit Chris Jensen for NHPR

Northern Pass has invested $2 million in the Balsams, developer Les Otten said Monday night at a public hearing in Colebrook, according to a transcript released by a spokesman.

Otten said the money came through Northern Pass’ Forward NH Plan, there were no strings attached and there is the potential for “a more substantial investment.”

Based on his experience developing resorts Otten also said he doesn’t think the towers would hurt tourism.

The hearing was held by the state’s Site Evaluation Committee.