BANGOR DAILY NEWS • December 30, 2020
The backers of a shuttered Hampden trash plant have lined up a potential buyer to restart the facility, but they are not publicly identifying the group that has expressed interest in taking over the $90 million operation. Under a memorandum of understanding, the unidentified buyer will now work to negotiate a final purchase agreement with the small group of people who serve as bondholders for the Hampden plant — and have a majority financial stake in it — and with the Municipal Review Committee, which represents 115 Maine towns and cities. The enterprise ran into a number of development and operating challenges after finally starting commercial operations late in 2019.