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Ansonia Board of Aldermen Public Hearing Minutes April 30, 2026

City working with HyAxiom on energy-loan deficit

City of AnsoniaHYAXIOMApril 30, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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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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