[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

News Watch Home

Nova Scotia gives up attempts to find buyer for failed wind tower plant  

Credit:  The Canadian Press | August 31, 2018 | thechronicleherald.ca ~~

The Nova Scotia government has given up on attempts to find a buyer for one of Atlantic Canada’s largest industrial sites.

In a news release, Business Minister Geoff MacLellan says for more than two years “every effort” was made to find a buyer for the former DSME wind plant in Trenton without success.

MacLellan says a court-appointed receiver will transfer ownership of the Trenton lands to Crown-owned Nova Scotia Lands Inc. effective Sept. 7 and will begin auctioning off the remaining equipment at the site.

He says Nova Scotia Lands will explore other economic opportunities for the 430,000-square-foot facility that sits on 116 acres of land in the heart of Trenton.

The previous NDP government took a 49 per cent equity stake in the plant in 2010, committing $59.4 million to the business.

The wind tower plant was eventually closed in February 2016 and placed in receivership.

Operations at the facility wrapped up less than a month after the province said it wouldn’t provide any more public money for a plant that had hoped to develop the capacity to produce 250 wind turbine towers and 200 blade sets per year.

“Now is the time to move forward and begin the next phase,” MacLellan said in Friday’s release.

The government’s move comes after MacLellan had extended the deadline to find a buyer on three occasions this year alone – with the latest extension announced in mid-June.

The first round of bids for the property were abandoned in late 2016 after the province rejected three, including two of only $1.

Nova Scotia Lands has helped redevelop other industrial sites including the former tar ponds site in Sydney, N.S., and the former Bowater Mill site near Liverpool, N.S.

Source:  The Canadian Press | August 31, 2018 | thechronicleherald.ca

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.



Wind Watch on Facebook

Follow Wind Watch on Twitter

National Wind Watch