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Fiberight completes $70M financing for Maine facility

By: Cole Rosengren and Cody Boteler  | Wastedive.com  |  January 5, 2018 Fiberight announced this week completion of $70 million in project financing for its Hampden, ME facility. $45 million came from a tax-exempt bond issuance from the Finance Authority of Maine, underwritten by Jefferies LLC. The remaining $25 million came from private equity. Fiberight also […]

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Fiberight Completes Financing for Maine WTE Plant

Waste360 Staff | Waste 360  Jan 04, 2018 Fiberight LLC announced the completion of a $70 million project financing for its municipal solid waste (MSW) processing facility, being constructed in Hampden, Maine. The project financing included a $45 million Finance Authority of Maine (FAME) tax-exempt bond issuance underwritten by Jefferies LLC, and $25 million in […]

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Watch the Plant in Hampden be Built!

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High-tech waste-to-energy facility set to open in May

By Alex Acquisto | Bangor Daily News | January 5, 2018 HAMPDEN, Maine —The company behind a state-of-the-art solid waste disposal facility in Hampden designed to convert trash into biofuel has secured enough funding to begin operations in May. Craig Stuart-Paul, CEO of Maryland-based Fiberight LLC, announced this week that his company has secured $70 million for a […]

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Judge Upholds State Permits for Hampden Waste-to-Energy Plant

By Nok-Noi Ricker | Bangor Daily News  |  March 15, 2017 HAMPDEN, Maine — In a decision that affects trash disposal for more than a hundred Maine communities, a Superior Court judge has denied a competing solid waste disposal group’s arguments and upheld state permits for a new waste-to-energy plant by Fiberight LLC in Hampden. […]

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Court Upholds State Environmental Permits for Controversial Fiberight Waste Plant

‎By Madeline St. Amour | www.centralmaine.com  |  March 15, 2017 A Maine Superior Court justice on Wednesday affirmed state environmental permits for a controversial solid waste plant that would serves dozens of central Maine communities, marking the end of the project’s last legal battle and one of its major hurdles. The appeal, filed by USA […]

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Fiberight Groundbreaking Ceremony Marks Visible Sign of Waste Project Progress

By Madeline St. Amour | www.centralmaine.com  |  October 27, 2016 HAMPDEN, Maine — Years of research, negotiations and advocacy for a new waste disposal solution for more than 100 Maine communities culminated Wednesday in a groundbreaking ceremony that marked the first visible signs of that future. Construction has started on the road leading to a […]

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Hampden board approves Fiberight waste-to-energy plant

By Dawn Gagnon / Bangor Daily News / July 19, 2016 HAMPDEN, Maine — After a public hearing that spanned five nights going back to April, members of Hampden’s Planning Board on Tuesday night granted the Municipal Review Committee and its partner Fiberight LLC permission to construct a $69 million state-of-the-art waste-to-energy plant. Site plan and conditional use […]

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Belfast backs Fiberight waste-to-energy plant

By Abigail Curtis / Bangor Daily News / May 18, 2016  BELFAST, Maine — Belfast City Councilors voted unanimously this week to enter into an agreement with other Maine municipalities to send the city’s solid waste to the new Fiberight waste-to-energy plant in Hampden. “We were presented with an economic case in which Fiberight is clearly the […]

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Visit to Fiberight Plant Surprises Hampden Mayor

By Dawn Gagnon  / Bangor Daily News / May 10, 2016 HAMPDEN, Maine — If all goes to plan, Hampden will be home to a proposed $69 million waste-to-energy plant come 2018. But given the town’s long history of handling solid waste from around the state at the former Pine Tree Landfill, which operated for 35 years before […]

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