Passamaquoddy tribe awarded economic impact study grant

WASHINGTON, D.C. – Maine’s two U.S. senators — Susan Collins and Angus King — jointly announced the U.S. Economic Development Administration has awarded $100,000 to the Passamaquoddy tribe at Indian Township to fund a study for a potential hydrogen-powered business/internet/data center on the reservation.

Results of the study will identify the resources necessary for sustainable operations — including workforce development, capital, business management, legal services and administrative support — to help diversify the regional economy.
“This important funding from the EDA will assist the Passamaquoddy Tribe in assessing the feasibility of constructing a cutting-edge data center powered by clean energy,” said King and Collins in a joint statement. “We welcome the EDA’s continued investment in Maine’s tribal communities, which supports economic development and job creation.”
The EDA leads the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. As an agency within the Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.