CLAREMONT, N.H. (AP) — A New Hampshire incinerator plant has been sold for less than 2 percent of last year's assessed value.

Valley News reported Friday that Farmington-based Power Investments bought the Wheelabrator Technologies Inc. plant in Claremont for $37,000 earlier this month. The plant's 2016 assessment was $2 million.

Representatives for Power Investments have not responded to requests for comment.

Gary Milbury, administrator for a division of the state Department of Environmental Services, says Power Investments has not contacted them about the plant's current permits. Milbury says the company would need NHDES approval before restarting the incinerator.

Local environmental group Working on Waste issued a statement Thursday calling for the plant to be dismantled. The group says recycling and pursuing alternative energy is in the "best interest" of the city.