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

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, […]


TFIC Affiliate BDNE Agrees Biorefinery Site Lease with Lincoln, ME

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 […]

Got Robots? TFIC Does!

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 […]

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 […]


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 […]