ELLSWORTH — The sale of the shuttered Coastal Resources of Maine Inc. waste facility in Hampden to Delta Thermo Inc. is now delayed, the Municipal Review Committee (MRC) announced March 17, after negotiations have apparently stumbled.
“There’s some fundamental differences,” MRC President Michael Carroll said, declining to name those differences while negotiations continue.
Negotiations have been ongoing since late last year for the Pennsylvania-based energy company to purchase the $90 million waste-to-biofuel facility.
Delta Thermo was named as the potential buyer at a Jan. 19 town hall meeting held by the MRC, a nonprofit formed to coordinate solid waste disposal for its 115 member communities. At that time, Delta Thermo Chief Executive Officer Rob Van Naarden said the facility could be operating as soon as early May, based on a sale closing date at the end of March.
Now, instead of preparing to open the facility, MRC Board President Karen Fussell said the board will begin parsing out the implications of the delay.
The board scheduled two special meetings on March 23 and March 25. The first will mainly be held in executive session to discuss the negotiations. The second meeting will provide an update on several items, including negotiations, following an executive session. Both will be posted on the MRC’s Facebook page. Those wishing to join the March 25 meeting should register beforehand at https://us02web.zoom.us/meeting/register/tZctdeGorzwqGdycflx5mng34W4Qp-cAs6fo.
The Hampden plant closed last May when Coastal Resources of Maine failed to secure millions in additional funding needed to operate the plant. Delta Thermo Inc. was selected out of a pool of seven companies expressing interest in buying the facility and late in last year signed an agreement to negotiate. Since the plant’s closure, 75 percent of solid waste from member communities has been diverted to Penobscot Energy Recovery Co. in Orrington.