BERLIN — A settlement agreement has been approved that the parties hope will allow Burgess BioPower to emerge from bankruptcy and continue to operate the 75-meawatt biomass plant.

Court documents also reveal the city of Berlin and Burgess BioPower have been discussing a new payment-in-lieu- of-tax agreement that would reduce by half the taxes due for 2024-2026.

(1) comment

robert.benson361@gmail.com

Berlin should demand that Burgess pay its full taxes...not a reduced rate. If Burgess will not pay, we should let them close. Burgess would quickly be replaced by Berlin solar farms that would pay a lot more in taxes than Burgess.

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