News and Events

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 […]

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) 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.  TFIC is a developer, owner, and servicer of municipal and institutional […]

Digital image of projected Biddeford parking garage

Biddeford breaks ground on RiverWalk parking garage

Years in the making, city officials hope the parking garage will be a key component in the revitalization effort for the city’s mill district. The garage is one of the first steps the city is taking to revitalize the mill district, and city officials hope it will facilitate the area’s economic development. As a result […]

Social Justice, Infrastructure and the Coronavirus Pandemic

What these three things have to do with one another probably seems obscure or tenuous, and quite pale in importance in the current circumstances.  But bear with me for a moment. If the global medical emergency has demonstrated anything, it has highlighted how quickly inadequate resources become strained, and how critical society’s underpinning institutions and […]

Portland Press Cold Storage Story

Developers revive plans for cold-storage facility in Portland, Maine

A consortium of private companies plans to build a freezer warehouse for $25 million to $30 million to expand Maine’s only shipping container terminal. A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland. The consortium of private developers submitted plans to the city last week to build a […]