Potential buyers of Coastal Resources WTE plant narrowed to three

The Fiberight plant has been closed since May due to financial issues.


The Municipal Review Committee (MRC) noted in a Sept. 30 Virtual Town Hall that the organization has narrowed the potential buyers of the shuttered Coastal Resources of Maine waste-to-energy plant to three. MRC represents 115 Maine member communities that have contracted to have their municipal solid waste (MSW) processed and disposed of at the Fiberight plant in Hampden, Maine.

The plant has been closed since May due to financial issues.

According to CentralMaine.com, MRC Executive Director Michael Carroll said one of the three serious buyers under consideration would own and operate the plant, while the two others would contract out operations. The names of prospective buyers were not disclosed.

MRC noted that it is looking for buyers who can help ensure the long-term success of the plant, and that proposals would be reviewed in October in hopes of closing a deal in December. Once a deal is closed, officials said it would take between four and six weeks for the facility to begin accepting waste for processing again.