BANGOR DAILY NEWS • March 2, 2022
The financiers that put up more than $50 million to build a Hampden trash plant could recoup as little as $1 million in the sale of the facility that’s been closed nearly two years. The Municipal Review Committee — the group that represents the 115 Maine towns and cities that used the facility in the six months it ran — will put in an offer to buy the Coastal Resources waste plant for $1.5 million, the group said Tuesday. The financiers that funded most of the plant’s construction, largely investment funds based outside of Maine, would receive as little as $1 million from that sum, after payments to cover outstanding taxes, utility bills, maintenance and plowing.