News

Treadwell Franklin Infrastructure Acquires Interest in Biofine Developments Northeast Inc.

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 […]

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

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 […]

Robots meet bridge, road inspection

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 […]

TFIC Acquires Infrastructure Preservation Corporation

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 […]

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

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 […]

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

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 […]

Company plans biorefinery for zero-emission heating oil in Maine

Biofine Developments Northeast Inc. of Bangor has formed a partnership with Sprague Resources LP to produce a patented biofuel made from forest product waste. A technician takes a reading from an apparatus that turns wood waste into biofuel in this 2017 photo of Biofine’s test facility in Old Town. The company plans to open another […]

Biofine partners with Sprague to market next generation of biofuels

Zero emission heating fuel to be produced exclusively from waste materials PORTLAND, ME – October 20, 2020 –  Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) (NYSE: SRLP) are pleased to announce a transaction focused on bringing the next generation of advanced biofuel, ethyl levulinate (EL), to the market.  Biofine and Sprague have […]

Maine-Based Infrastructure Business Puts Social Responsibility First

TFIC bringing economic and social benefits to life YARMOUTH, ME – Treadwell Franklin Infrastructure Capital (TFIC) www.tficapital.com is wrapping up its fifth year in business, and is proud to be celebrating the 140th year of continuous operation of its wholly owned engineering subsidiary, Sewall. www.sewall.com.  TFIC is a developer, owner, and servicer of municipal and institutional […]