CDC to Restore Old Power Plant to Potential Offshore Hub

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The retired Brayton Point Power Station may come to life again as a hub for offshore wind.
CDC, offshore, power plant, restoration, hub, USA

Commercial Development Company, Inc.to Purchase the Retired Brayton Point Power Station, Plans Restoration and Redevelopment

Official Press Release CDC:

Commercial Development Company Inc. (CDC), a leading North American commercial real estate and brownfield redevelopment company today announced plans to purchase the retired Brayton Point Power Station from Dynegy Inc.

As part of the transaction, CDC will assume responsibility for legacy environmental liabilities associated with the site. CDC and Dynegy are currently under contract to transfer ownership of the site, following a final due diligence period with closing anticipated by mid-December. CDC plans to invest significant resources to reposition the 307-acre retired power plant and... ... More: Official Press Release CDC

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