New Hampshire investor in torrefied wood has drawn more than $142M in tax breaks, state loan
Cate Street Capital had never before run a paper mill, and arguably the company’s biggest reason for coming to Maine is to try a commercial untested technology without contractually guaranteed customers or suppliers. But the New Hampshire investment group, its subsidiaries and its investors have received at least $142 million in tax breaks and a guaranteed loan from Maine and the federal government since 2011, officials say.
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