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