City working with HyAxiom on energy-loan deficit
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Description
The City of Ansonia reported that it is working with HyAxiom and State partners to address a deficit stemming from a prior $37 million energy equipment loan for equipment that was never installed. Officials characterized the original energy investment contract as a poor decision and are seeking ways to mitigate its budget impact.
Contract Details
Vendor
HYAXIOM
Agency
City of Ansonia, CT
Contract Type
OTHER
Document Date
April 30, 2026
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