Case Study: BC Cobb Site
- Forsite acquired the plant from Consumers Energy in October 2017 and provided the seller with a comprehensive environmental liability risk transfer solution.
- An environmental insurance policy was provided covering known and unknown conditions including off‐site generator liability.
- Plant Decommissioning will take approximately two years to complete.
- Forsite’s initial vision for the Cobb site is to create a port terminal that will enable multiple maritime cargoes to be shipped from Muskegon Lake. Potential catalyst to spur other economic development projects in and around Muskegon.