BANGOR DAILY NEWS • February 1, 2023
A deal between a group representing more than 100 Maine towns and cities in their waste management and a New-York based financial firm has fallen through, leaving the future of the shuttered Hampden trash plant in question. Last summer, the Municipal Review Committee selected Revere Capital Advisors LLC, a New York-based investment firm, as its key financial partner in reopening the Hampden trash plant that has been shuttered for more than two years. The plan was to sell a portion of the limited liability company the committee formed to buy the Hampden plant to Revere Capital. But after a prospective operator dropped out and key changes to environmental permits were not granted by deadline, the Municipal Review Committee’s period of exclusivity with review came to a close at midnight Tuesday night.