Commercial Development Co purchases retired Brayton Point power station. Redevelopment could include renewable-energy

By Paul Dvorak Commercial Development Company Inc. (CDC), by affiliate Brayton Point LLC, announced the purchase of the retired Brayton Point Power Station from Dynegy Inc. As part of the transaction, Brayton Point LLC purchased real estate assets and assumed responsibility for legacy environmental liabilities associated with the site and its former operators. Environmental Liability Transfer, Inc. (ELT) facilitated the assumption of environmental liabilities and will oversee environmental remediation and decommissioning obligations going forward.
CDC plans to invest significant resources to reposition the 307-acre retired power plant and develop a market-ready plan to transform the former energy asset for post-coal use.
CDC plans to invest

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