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MRC, bondholders end agreement with potential trash plant buyer - The Ellsworth American
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Financing hurdles delay sale of Hampden waste facility - Mount Desert Islander
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Financing hurdles delay sale of Hampden waste facility - The Ellsworth American
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Bar Harbor wants answers on sale of waste facility
BAR HARBOR The Bar Harbor Town Council voted Tuesday to call for a special meeting of the members of the Municipal Review Committee to go over changes that would come with the sale of the Hampden-based Coastal Resources of Maine waste treatment plant to a new company.
Last month, the MRC, a nonprofit that owns the property on which the Coastal Resources of Maine facility sits, approved the sale of it to Delta Thermo Energy Inc. Officials of the company said it can get the former Fiberight operation back to accepting trash within nine months of ink drying on the deal. Ultimately, the decision on the sale of the Hampden plant to DTE is up to the bondholders (that hold the CRM loans) and DTE, not the MRC.
MRC hears concerns about Hampden plantâs future
ELLSWORTH â Public comments at a March 25 board meeting of the Municipal Review Committee (MRC) aired concerns over how the former Coastal Resources of Maine solid waste processing facility in Hampden will operate once its purchase by Delta Thermo Energy Inc. is complete.
Board members had earlier announced a delay in closing on the purchase, originally scheduled for the end of March, as negotiations between the MRC, Delta Thermo and the facilityâs bondholders continue. The plant was placed in receivership in mid-2019. MRC Board President Karen Fussell said the sale to Delta Thermo would now take place in late May or June.