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BROWNFIELD UPDATE: Brayton Point Power Station
VIDEO: Implosion of 500-ft Cooling Towers at Brayton Point
The two 500-ft cooling towers at Brayton Point came crashing down this past weekend in Somerset, MA. In early 2018, ELT assumed environmental liabilities and decommissioning obligations at this 1600-MW retired power plant - this action jumpstarted remediation, demolition, and extensive redevelopment planning.
Once the largest coal-fired power plant in New England, the implosion of the cooling towers at Brayton Point represents a significant milestone 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.
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May 2019
VIDEO:
Implosion of Cooling Towers at Former Brayton Point Power Station
ELT Receives Environmental Leadership Award in New Jersey
ELT Conference Calendar
Spring/Summer 2019
Seeking to Purchase RE Assets and Assume Liabilities in All Sectors
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ELT Receives Environmental Leadership Award from CIANJ
Above: Steve Collins (left) and Colleen Kokas (right) receive NJ Environmental Leadership Award
ELT has been named a 2019 recipient of an Environmental Leadership Award by the Commerce and Industry Association of New Jersey (CIANJ). These awards recognize the efforts and greater impact of companies around the state who actively work to support and protect the environment.
A few of ELT's key New Jersey projects are listed below:
Hamilton, NJ:
In 2015, ELT assumed environmental liabilities at a 68-acre former brownfield site in Hamilton, NJ - since that time ELT and affiliates have demolished 1,000,000 square feet and remediated environmental impact of past operations. CDC now plans a mixed use development expected to begin in 2019. The $100 million project will include over
500,000 sq/ft of office, research, and light industrial, hotel & retail.
Perth Amboy, NJ: ELT assumed environmental liabilities at a 70-acre retired smelting facility, in Perth Amboy, NJ. Working through New Jersey's Voluntary Clean-up Program, ELT and affiliates completed environmental remediation and demolition at the site. New development plans are being finalized for a logistical support center with deepwater port and rail access.
To learn more about ELT's work in New Jersey, please contact us »
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ELT 2019 Conference Calendar
St. Louis, MO
May 13-16, 2019
Atlanta, GA
June 12, 2019
Boston, MA
September 11-14, 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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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
Contact: John Kowalik
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.
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