4 potential buyers emerge for Coastal Resources of Maine WTE facility

Four potential buyers of the Coastal Resources of Maine waste-to-energy facility in Hampden, Maine, have emerged just weeks after it was reported the facility’s previously named buyer, Delta Thermo Energy (DTE), Trevose, Pennsylvania, was unable to provide proof of financing to close the deal, the Bangor Daily News reports.

The Municipal Review Committee (MRC) board of directors unanimously approved a memorandum of understanding (MOU) on Dec. 29, 2020, for DTE to purchase the facility that has been closed since May 2020. 

MRC, which represents 115 Maine member communities that have contracted to have their municipal solid waste (MSW) processed and disposed of at the Fiberight-owned plant, told its members Aug. 13 that it was looking for other potential buyers in hopes of securing a deal by the end of the year after DTE failed to show financing.

MRC Executive Director Michael Carroll told members during a call on Aug. 27 that two of the interested parties with a “potential eye toward purchase” toured the site the week of Aug. 22, with two more scheduled to tour the site the week of Aug. 29.

Carroll did not disclose the names of the interested parties, but did note that, “It is our hope that a deal to purchase the plant will conclude.”

With the plant closed, the waste of MRC community members has either gone to the Penobscot Energy Recovery Co. incinerator in Orrington, Maine, or to landfill.