Apr 16, 2012 3:29 PM
Casella plan to sell waste-to-energy plant and buy a landfill delayed
As reported by the U.S.-based Waste Business Journal (www.wastebusinessjournal.com), a plan by Rutland, Vermont-based Casella Waste Systems to sell an unpopular waste-to-energy facility and buy a landfill in Maine stalled when state lawmakers postponed sending a bill to committee that would have authorized the transaction.
The company will likely have to wait another year to sell its Maine Energy Recovery Facility to the city of Biddeford, Maine for $7.5 million, along with its plan to buy the Juniper Ridge Landfill in Old Town from the state of Maine.
The plan would have allowed the town to close the energy plant and given Casella an alternate destination for its waste. Casella already operates the state-owned Juniper Ridge Landfill.
Officials with the town of Biddeford and Casella both say they will seek other ways to move forward.
Casella has been exploring the sale of the facility since at least April 2009.