NS extends deadline again to find buyer for former wind plant
New parties have expressed an interest in the former DSME facility in Trenton.
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.
Business Minister Geoff MacLellan says that’s because two or three new parties have expressed an interest in the former DSME wind plant in Trenton in the last couple of weeks, although no formal bid has been made.
The latest deadline was set for the end of this month, but MacLellan now says it will run out when the province’s operating budget for the site runs out.
He couldn’t say how much money is left or how long it will take to use it.
MacLellan released no other details, and isn’t saying at this point where the interest is coming from.
The previous NDP government took a 49% 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.