Ex­ten­sion for N.S. wind plant sale

Times Colonist - - Business -

HAL­I­FAX — A dead­line to find a buyer for one of At­lantic Canada’s largest in­dus­trial sites is likely be­ing ex­tended again by the Nova Sco­tia gov­ern­ment, the prov­ince’s busi­ness min­is­ter said Wed­nes­day. Ge­off MacLellan said a dead­line that was al­ready pushed back twice would be ex­tended again be­cause two or three new par­ties have ex­pressed an in­ter­est in the former DSME wind plant in Tren­ton over the past cou­ple of weeks. “Noth­ing has been so­lid­i­fied yet,” said MacLellan. “No ini­tial bids for the up­front de­posit that has to be made, so there is noth­ing de­fin­i­tive yet.” The pre­vi­ous NDP gov­ern­ment took a 49 per cent eq­uity stake in the plant in 2010, com­mit­ting $59.4 mil­lion to a busi­ness that was even­tu­ally closed in Fe­bru­ary 2016 and placed in re­ceiver­ship. The 430,000-square-foot fa­cil­ity sits on 116 acres of land.

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