Madison Paper Industries, a partnership of UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company, concluded the sale of its hydro power facilities to Eagle Creek Renewable Energy, LLC, a hydroelectric power producer, based in Morristown, NJ, USA.

The transaction was announced by Madison Paper Industries in April 2017.

UPM Paper ENA (Europe and North America) is the world's leading producer of graphic papers.

Source: lesprom.com