News

Sprague Signs Offtake Agreement with Biofine for the Carbon-Negative Biofuel EL100

July 25, 2023
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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, […]

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Biorefinery

TFIC Affiliate BDNE Agrees Biorefinery Site Lease with Lincoln, ME

March 22, 2023
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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 […]

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Got Robots? TFIC Does!

November 29, 2022
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Visit Megawatt Sponsor Booth #26 at the Maine Transportation Conference on Dec. 1, 2022, Augusta Civic Center, to see a non-destructive testing robot in action. TFIC companies and affiliates Sewall, Frazier Signal Technologies, and Infraspect will also be featured at the booth. Infraspect provides non-destructive testing of bridges, cables, tendons, wire ropes, high mast light […]

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Treadwell Franklin Infrastructure Acquires Interest in Biofine Developments Northeast Inc.

November 17, 2022
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Maine-based Treadwell Franklin Infrastructure Capital LLC (“TFIC”) and Biofine Developments Northeast Inc. (“BDNE”), announced today that TFIC has acquired a minority interest in the shares of BDNE, adding to TFIC’s portfolio of infrastructure and renewable energy assets, and bringing development and corporate services in-house to BDNE.  BDNE, a Maine company, owns exclusive rights to the […]

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Years in the making, a $55M cold-storage facility breaks ground in Portland

August 23, 2022
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A long-delayed project to create a cold-storage warehouse on Portland’s waterfront was set to break ground Monday and head toward a February 2024 completion date. The project, which was approved by the Portland Planning Board in October 2020 and did not require a City Council vote, has an estimated cost of $55 million. The warehouse is expected […]

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Robots meet bridge, road inspection

August 1, 2022
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Ex-NHDOT chief ’s company paves the way with new tech Chris Clement’s new job is the culmination of previous jobs — as a machinist, an engineer for a printing press manufacturer, as commissioner of the NH Department of Transportation, and as vice president of finance at the University of New Hampshire. He is now president […]

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TFIC Acquires Infrastructure Preservation Corporation

May 2, 2022
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Maine-based Treadwell Franklin Infrastructure Capital LLC (“TFIC”) announced today that it has completed its acquisition of 100% of the interest in assets of Infrastructure Preservation Corporation (“IPC”) based in Largo, Florida, adding to its portfolio of infrastructure services and technology offerings.  IPC designs, manufactures, deploys and maintains AI-assisted robotics, fitted with state-of-the-art scanning and imaging […]

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Biddeford parking garage, a symbol of the city’s rebirth, opens

July 15, 2021
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When Alan Casavant spoke from the ground floor of Biddeford’s new parking garage on Tuesday, July 13, he talked about vision. He also talked about the recent past too — going back 10 years, when he was first elected mayor of this old mill city, built on the banks of the Saco River many years […]

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TFIC ANNOUNCES FOCUS ON US NORTHEAST; INAUGURATION OF TFIC ADVISORY BOARD

April 1, 2021
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Following the successful conclusion of its first half-decade in business, Treadwell Franklin Infrastructure Capital LLC (“TFIC”) is pleased to announce it has finalized and initiated the execution of its second five-year strategy and business plan for FY2021-2025.  Kick-off of the plan is punctuated by the inaugural meeting of the newly constituted TFIC Advisory Board on […]

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