BANGOR DAILY NEWS • May 13, 2021
The bondholders with ultimate authority to sell a $90 million waste plant in Hampden to a Pennsylvania company are several investment funds run from outside of Maine, U.S. Security and Exchange Commission data show. The $52 million in bonds is held in two separate bonds, one valued at $45 million when issued and the other at $5 million, issued separately by the Finance Authority of Maine to fund the construction of the Coastal Resources of Maine plant formerly run by Fiberight in 2017 and 2019. Delta Thermo Energy is inching closer to purchasing the Coastal Resources of Maine plant by the end of June, despite the company’s CEO, Rob Van Naarden, mischaracterizing the company’s domestic and foreignwork in previous statements.