Casella Negotiating in Maine to Sell Waste-to-Energy Unit, Buy Landfill
1 Min Read
Casella Waste Systems Inc. is negotiating to sell a waste-to-energy facility and buy a landfill in Maine.
The Rutland, Vt.-based waste and recycling company said in a news release that it has a letter of understanding for the possible sale of the Maine Energy Recovery Facility (MERC) to the city of Biddeford, Maine. Casella would receive $7.5 million for the municipal solid waste combustion facility as part of the proposal. The deal would also include Casella acquiring the Juniper Ridge Landfill in Old Town from the state of Maine.
Casella said any transaction must represent fair market value for the MERC facility.
About the Author
Stay in the Know - Subscribe to Our Newsletters
Join a network of more than 90,000 waste and recycling industry professionals. Get the latest news and insights straight to your inbox. Free.
You May Also Like