Offering a Full-Range of Solutions for Environmentally-Impacted Real Estate
Offering a Full-Range of Solutions for Environmentally-Impacted Real Estate
Environmental Liability Transfer, Inc. (ELT) is a comprehensive environmental liability assumption firm providing clients with complete and final liability transference services since 2004. With strong financial backing and a unique blend of expertise – real estate development, environmental underwriting, legal, insurance, and sustainability – ELT is able to provide clients with robust levels of indemnification and environmental guarantees found nowhere else in the market.
REAL ESTATE PURCHASE
ELT has the talent and capital to purchase and reposition distressed real estate assets of any size and in any condition – currently seeking to purchase industrial real estate assets in all sectors.
ENVIRONMENTAL LIABILITY ASSUMPTION
ELT offers robust levels of corporate indemnification found nowhere else in the market, providing the maximum insulation from future liability (with or without real estate purchase).
GUARANTEED FIXED PRICE REMEDIATION
ELT will guaranteed that remedial work remains within a predetermined budget framework – with any and all cost overruns being absorbed by ELT and affiliates.
DEMOLITION SERVICES
ELT leverages a fully-owned fleet of modern demolition equipment to provide clients with baseline costs for demolition services, often built-in to the structure of a plant retirement transaction.
SURPLUS ASSET RECOVERY
ELT can provide maximum recoverable value for surplus equipment, machinery, intellectual property, scrap materials, and other assets present during plant closure, as a stand alone or part of a larger transaction.
REDEVELOPMENT PLANNING
Without a strategic redevelopment plan in place, a retired industrial site can remain in a perpetual state of blight and decay. ELT’s final stage of reclamation is providing a pathway to return distresses sites back to productivity.
ELT can combine multiple elements of plant closure into ONE
comprehensive solution designed to provide maximum value to the seller, total liability transference, and a fully-funded plan for redevelopment.
ACQUISITION CRITERIA
ELT has the talent and capital to purchase and reposition distressed real estate assets of any size and in any condition – and the unique ability to provide sellers with robust levels of indemnification found nowhere else in the market. Currently seeking to acquire assets and assume liabilities in all industrial sectors, including: Power Plants, Steel Mills / Metals Manufacturing, Petro-Chemical, Pharmaceutical, Oil & Gas, Heavy Industrial, Chemical Plants, Landfills / Quarries, and All Manufacturing.
COMPREHENSIVE APPROACH
ELT is able to combine multiple elements of site closure into ONE comprehensive value proposition. This strategy provides the seller with more favorable transaction terms and streamline plant retirement, which has traditionally been an arduous and cost-intensive process.
TRACK RECORD
Since 1990, our group has assumed nearly $2 billion USD in corporate environmental liabilities, managed the environmental cleanup of over 300 properties (90% of which have reached final milestones), and has never defaulted on an obligation or given a site back to the seller / transferer. This track record is critical when choosing a partner for environmental risk and liability management.
RISK MANAGEMENT
As it pertains to Brownfield and Superfund sites, effective management of environmental and financial risk is essential. ELT evaluates the property condition, the potential transaction structure and the liability concerns of both itself and its client. Risk management factors include the selection of remedy, assumption of regulatory requirements, legal structure, insurance, and indemnification. This proven approach has effectively limited environmental risk to a highly-efficient, cost-effective vehicle for environmental liability transfer.
KEY ELT BENEFITS
Environmental Liability Transfers
Brownfield Real Estate Purchase
Liability Transfer + RE Purchase
Guaranteed Cost Certainty
Corporate Indemnification
Maximum Value for Surplus Assets
Transfer of Regulatory Obligations (Including Reopeners)
Transfer of Post-Closure Obligations
Human Capital Relief
Sale-Leaseback Options
Sustainable Redevelopment Planning
Preservation of Legacy & Brand
ELT assumes all environmental liabilities for its clients – known and unknown, above grade, at grade, below grade, onsite, offsite (originating onsite and naturally migrating offsite) whether the issues occurred or were caused to occur in the past, present or future.
Contact ELT
For confidential discussion regarding your property or to learn more about ELT, please contact us.