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US realtor ponders offshore hub

Retired Brayton Point power station site could become port for sector

US realtor ponders offshore hub image

US real estate developer Commercial Development Company (CDC) is to buy the retired Brayton Point power station in Massachusetts from Dynegy and could develop the site into a hub for offshore wind.

Dynegy and CDC are currently under contract to transfer ownership of the site, which, following a final due diligence period, should happen by mid-December.

CDC said the 307-acre site could “represent a unique opportunity to advance the offshore wind energy sector due to its pre-existing access to the regional transmission grid”. 

In addition, the site is close to proposed offshore wind tracts, has deep water port potential and access to a highly skilled workforce in the New England area, the company said.

Image: Brayton Point power station (CDC)

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