HOUSTON--(BUSINESS WIRE)--Jul. 29, 2014-- Waste Management, Inc. (NYSE:WM) has agreed to sell Wheelabrator Technologies Inc. (“WTI”) to an affiliate of Energy Capital Partners (“ECP”) for $1.94 billion in cash. - See more at: http://investors.wm.com/phoenix.zhtml?c=119743&p=irol-recentnewsArticle&ID=1952329&highlight=#sthash.ZYVb6mS7.dpuf
A confluence of forces having to do with contracts, electricity prices and landfill space — all coming to a head in 2018 — are at play in the effort by a group representing 187 Maine towns and cities to devise an entirely new scheme for disposing municipal solid waste.
With a $12 million hole to fill over the next five years, the head of the state’s trash authority believes the state should allow it to receive a renewable energy credit for the trash it burns and turns into energy.
BIDDEFORD - The city of Biddeford is seeking letters of interest from real estate developers nationwide for future redevelopment of the former Maine Energy Recovery Co. site, where the waste-to-energy incinerator was torn down last year.
GUILFORD — While the contract between USA Energy Group and the Maine Municipal Review Committee — the nonprofit organization that runs the Penobscot Energy Recovery Co. — doesn’t expire until 2018, some towns are already concerned about the future of the operation
No state burns as much of its trash as Connecticut does. Every day, six trash-to-energy plants burn about 5,600 tons of refuse, at least two-thirds of everything thrown away. But the largest player in this decades-old system has run into serious problems. The Connecticut Resources Recovery Authority faces a $10 million deficit in three years, driven by sales trends that are not expected to reverse any time soon, according to an audit of the quasi-public agency's operations