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Redevelopment Plans Taking Shape at Former Coal-Fired Power Plant
The redevelopment of Brayton Point continues to make progress. Once the largest coal-fired power plant in New England, the 300-acre site is making headway towards renewable energy, manufacturing, and port logistics. Over the past month, there have been two major announcements at the site:
These announcements represents new milestones towards the development of
Brayton Point Commerce Center
, a world-class logistical port and support center built to support renewable energy and the emerging US offshore wind sector.
VIDEO: CDC EVP Stephen Collins introduces Anbaric and plans for a state of the art renewable energy support center
Catalyst for Redevelopment: ELT
Without the transfer of environmental liabilities, Brayton Point was at risk to remain in a protracted state of decay and economic distress. Environmental Liability Transfer, Inc (ELT) was able to assume the liabilities and risks associated with the distressed asset, which in turn created a framework for accelerated cleanup and redevelopment. With the environmental condition quantified and effectively managed, Brayton Point's new owner (CDC/Brayton Point LLC) was able to confidently invest into the site's redevelopment.
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JUNE 2019
VIDEO
Renewable Energy Center Announcement
PRESS RELEASE
CDC Announces Expanded Port Operations at Brayton Point
ELT Conference Calendar
Spring/Summer 2019
Seeking to Purchase RE Assets and Assume Liabilities in All Sectors
PREVIOUS ELT
NEWSLETTERS
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ELT 2019 Conference Calendar
Nashville, TN
June 17-18, 2019
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If you are attending any of these events, please reach out to us so we can connect!
314-835-2813
jkowalik@cdcco.com
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ACQUISITION CRITERIA
Seeking Environmental Liabilities and/or Retired Real Estate Assets
If distressed real estate is impacting your operations, transactions, or balance sheet, please contact us for a confidential discussion.
ELT's core offering includes:
- Environmental Liability Transfers
- Brownfield Real Estate Purchase
- Liability Transfer + RE Purchase
- Guaranteed Cost Certainty
- Corporate Indemnification
- Maximum Value for Retired Assets
- Transfer of Regulatory Obligations
- Transfer of Post-Closure Obligations
- Sustainable Redevelopment Planning
- Sale / Leaseback Options
- Preservation of Legacy & Brand
Phone: 314-835-2813
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About Our Group
Environmental Liability Transfer, Inc. (ELT), along with four distinct affiliate companies under common ownership, have become one of the most impactful brownfield redevelopment and environmental remediation and consulting firms in North America.
By leveraging the core competencies of its affiliate partners, ELT now has the ability to consolidate multiple elements of brownfield redevelopment into ONE comprehensive value proposition - Real Estate Purchase, Environmental Liability Assumption, Fixed Price Environmental Remediation, Demolition, and Liquidation Services.
For more information on ELT or our affiliates, please visit our websites (right) or download ELT's
Brownfields Brochure.
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Contact Us
For more information about anything in this newsletter or to schedule a confidential discussion regarding your environmental liabilities or brownfield properties, please contact us.
John Kowalik
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