Shuttered Maine mill land one step closer to becoming an energy park

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The company seeking to build a $240 million biorefinery in East Millinocket has reached a settlement to buy the property, which it expects to close by early June.

The buyer, EMEP LLC, said in court filings that it has reached a deal with the property owner, North American Recovery Management, which it expects will close within 60 days.

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Source: BDN MAINE