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Archive for November, 2020

FAME Approves Additional Saddleback Financing as Resort Prepares to Reopen

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Augusta, ME, November 24, 2020  The Finance Authority of Maine has approved state new markets tax credit financing for Arctaris Saddleback Co. LLC, the owner and operator of the Saddleback Ski Resort in Rangeley.  “FAME is pleased to help with additional financing for this important project, which will help Saddleback pay for the costs of equipment and construction associated with reopening and operating this season,” Dave Daigler, FAME’s board chair, said in the release. “We are happy to help restart this beloved Maine ski mountain and to help stimulate year-round economic development in Rangeley and western Maine.

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