Penobscot Bay Electric Company was incorporated in 1907 by Chapter 156 of the Acts of Maine. Albert H. Shaw of Bath, William M. Shaw of Greenville, and Melville H. Blackwell of Brunswick were the original corporators. Based in Orland, the company was authorized to supply electricity to Bucksport, Orland, Penobscot, Castine, Blue Hill, Winterport, Frankfort, Prospect, Stockton Springs, and Verona. In 1909 Penobscot purchased Belfast Light & Power Company which had begun generating electricity in 1888. The company was absorbed by Central Maine Power Company in 1920.
From the description of Records, 1907-1921. (Unknown). WorldCat record id: 54767038