by Andrew Nelson Municipal Tax increment financing (TIF) is a financing tool adopted by the State of Maine that enables a municipality or county to leverage new property taxes captured by a specific project or projects in a designated geographic district. The adoption of a TIF district allows a local government authority to shelter new […]
The agreement is a significant step towards decarbonizing the heating oil market and commercializing Biofine’s patented technology. Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) are pleased to announce a transformative, long-term agreement that will bring the next generation of advanced biofuel, ethyl levulinate (EL), to the market. Sprague will also market EL, […]
On March 20, 2023, the Lincoln Town Council voted to approve a 20 + year lease between the Town of Lincoln and Biofine Developments Northeast (BDNE) for the development of a biofuels refinery on the site of the former Lincoln Pulp & Tissue Mill, now known as the Lincoln Technology Park. Construction of the project […]