Commercial Development Company Inc. (CDC), a brownfield real estate developer with a history of acquiring and redeveloping retired US coal plants, has struck a deal to buy the shuttered 1.5GW Brayton Point plant in southern Massachusetts – with an eye towards transforming the site into an offshore wind hub.
CDC, a privately owned company based in St. Louis, Missouri, announced a deal this week to buy the retired Brayton Point Power Station for an undisclosed sum from fossil-fired generation giant Dynegy.
