Powdr Corp. is selling Vermonts Killington Resort and Pico Mountain

Powdr Corp., which owns multiple ski resorts in the U.S. and Canada, is selling Vermont’s Killington Resort and Pico Mountain, the largest mountain resort in New England, to a group of local passholders, the company said Thursday. Powdr also said it plans to list three other resorts for sale in the coming weeks: Eldora, in Colorado; Mt. Bachelor, in Oregon; and SilverStar, in British Columbia. The Salt Lake City-based company will keep Copper Mountain, in Colorado, and Snowbird in Utah. It aims to balance its ski business with its two concession contracts in the National Parks and operations of Woodward camps and mountain centers. Killington said the purchase by local investors represents “a commitment to keeping Killington and Pico in the hands of those who know and love it.” The new owners will focus on capital investment, community engagement and sustainability, the resort said.