City inks $6.5 million deal with Synagro

July 26, 2012

WOONSOCKET — Synagro Technologies Inc.’s plan for a $10 million heat-to-energy cogeneration facility took a giant leap forward yesterday after the Budget Commission approved a $6.5 million deal on taxes for the new construction.
The cash, to be parceled out over 20 years, isn’t the only perk in the works for the struggling city. There’s cheap electricity in the deal, too, and it’s “green,” to boot.

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