The Municipal Review Committee ended its exclusivity agreement with New York-based Revere Capital Partners to help operate and partially own the Municipal Waste Solutions plant when it did not meet deadlines for submitting an engineering report and other documents.
recycling
Posted inLocal & State, Morning Sentinel
Panel optimistic about closing deal for Hampden waste-to-energy plant in early 2023
The Municipal Review Committee, which represents the municipal solid waste interests of 115 Maine communities, remains optimistic it will partner with Revere Capital Partners, a New York-based investment firm, early next year in owning and operating the plant.
advertisement
Posted inLocal & State, Morning Sentinel
Deal delayed on partnership to own, operate Hampden waste-to-energy plant
The financial arrangement between the Municipal Review Committee and Revere Capital Advisors was supposed to be finalized Thursday, but has been pushed back to Nov. 30.
Posted inLocal & State, Morning Sentinel
Municipal Review Committee completes purchase of Hampden recycling, waste-to-energy plant
The MRC announced the $1.5 million purchase Wednesday and intends to reopen the plant in nine to 12 months after it establishes a partnership with a financial firm.
Posted inLocal & State, Morning Sentinel
Municipal Review Committee negotiating with Dallas investor in purchase, operation of Hampden plant
Committee votes Thursday to discuss partnering with Revere Capital as the committee moves toward acquiring the Coastal Resources of Maine recycling and waste-to-energy plant in Hampden.
Posted inLocal & State, Morning Sentinel
Acquisition of Hampden recycling and waste-to-energy plant expected within two weeks
The Municipal Review Committee, which represents the solid waste interests of 115 Maine municipalities, plans to buy the plant and updated the public Wednesday on the progress of the purchase.
Posted inBusiness, Local & State, Morning Sentinel
MRC now in position to purchase Hampden recycling, waste-to-energy facility
The Municipal Review Committee announced Wednesday that no qualified bidders have come forward to buy the defunct Coastal Resources of Maine plant, which means the MRC is now poised to take ownership of it for $1.5 million.
Posted inBusiness, Local & State
Maine’s landmark recycling reform law will take years to implement
It could take 4 years for the state to craft detailed regulations that make big corporations shoulder the local cost of disposing of hard-to-recycle packaging they produce.
Posted inKennebec Journal, Local & State, News
Augusta’s Hatch Hill landfill eyes fee increases to stave off budget shortfalls
City officials say that even with the fee increases, Hatch Hill will still cost less than other area landfills even as the site is prepared for an expansion before it fills up.
Posted inLocal & State, Morning Sentinel
MRC seeks support from member towns to restart Hampden waste-to-energy plant
If the Municipal Review Committee ends up purchasing the plant, it would look to secure $20 million for operational needs, with MRC municipalities either co-signing on the loan or possibly becoming investors by loaning cash to the MRC.