Today’s market conditions are forcing energy/industrial companies to retool for the future. Often times this leads to, operational slowdowns and plant closures.

Above: In 2014, Environmental Liability Transfer assumed environmental liabilities and obligations for DTE Energy’s 20-acre coal-fired power plant in Marysville, MI. Demolition and remediation are now underway creating a pathway for new development.

As a result, companies are leaving behind thousands of blighted facilities, severely-impacted and highly-contaminated by decades of manufacturing. These are typically oil refineries, coal plants, steel mills, chemical plants, etc. Not only are these sites a blight to their communities and restricted from future use by the EPA, they are often located close to highly-populated areas, posing a threat to human health and safety.

As we move toward safer and cleaner ways to produce energy, what are we doing to clean the hazardous bi-products of old energy?

At ELT, our goal is to eliminate industrial blight by assuming environmental liabilities, cleaning-up the hazardous bi-products, and returning environmentally-distressed sites back to productive community assets – which results in environmental, economic, and social benefits.

In the News:

Marysville, MI Looks to a Riverfront Renaissance 

Marysville officials credit DTE with making sure it found a buyer (ELT) that would have a 21st century vision for what riverfront property could be, especially property on some of the bluest river water in the world, just a few miles downstream from Lake Huron.

“We’d been worried,” Mayor Daniel Damman said. “There were rumors a scrap-metal recycler would buy the site and use it to load freighters going to the Pacific Rim. But DTE was keenly aware what that site meant for the region. You can’t overstate what an exceptional partner DTE has been. They really worked hard to find the right suitor for the site.” Read More

Contact ELT

If you have an environmental liability or questions/comments in general, please reach out to ELT for a confidential discussion.