Quoddy Bay LLC has withdrawn its request for state permits.
It happened after federal regulators dismissed the company’s application.
The commission said Quoddy Bay failed to provide information needed to move forward with an engineering review and environmental assessment.
Company president Donald Smith says the company still plans to pursue the project, but is uncertain about the timing.
Members of Save Passamaquoddy Bay call it welcome news, saying the withdrawal was ":an inevitable outcome to an otherwise impossible proposal.":