BANGOR DAILY NEWS • November 4, 2022
A company that owns biomass electricity plants in West Enfield and Jonesboro and had access to millions in state subsidies to help it stay afloat has filed for bankruptcy, stating it owes $17.8 million to creditors including an energy market investor, the states of Maine and New Hampshire, and Maine loggers. The filing comes six years after Maine lawmakers passed a $13 million bailout of the state’s biomass industry. Stored Solar LLC was one of two companies to benefit from the subsidy package. The West Enfield plant hasn’t produced power since December 2020 while the Jonesboro plant last produced power earlier this year. Stored Solar is owned by husband and wife William Harrington and Fahim Samaha.