Overseers of the aging waste-to-energy plant on the banks of the Connecticut River in Hartford expect to issue $333 million in tax-exempt public bonds to finance a proposed overhaul of the facility and a related recycling plant. That estimate is included in a newly signed term sheet between the quasi-public Materials Innovation and Recycling Authority (MIRA) and its selected construction overseer and facilities operator, Sacyr Rooney Recovery Team LLC (SRRT). The self-imposed deadline for the CDA is Oct. 2020. If a deal isn’t reached by then, the state and Sacyr Rooney would likely part ways, leaving the future of the facilities in question.
https://www.hartfordbusiness.com/article/waste-agency-plans-to-borrow-333m-for-hartford-trash-plant-overhaul