Governor Lamont and Mayor Ganim Announce Development Agreement Reached that Paves Way for Demolition of Former Coal Plant
Bridgeport, CT— Governor Ned Lamont and Mayor Ganim were joined by state and local leaders today to announce that a formal agreement has been reached to transfer ownership of the decommissioned PSEG coal plant in Bridgeport to a private developer, Bridgeport Station Development. As a result, abatement and demolition activities will begin on the site in the coming weeks. This work is expected to be completed within three years. The state, through the Community Investment Fund (CIF), is providing $22.5 million for the demolition and remediation of the plant. This is the fund’s largest award to date. “This transformational project along the coastline in Bridgeport, the largest city in the state, demonstrates how our community investments continue to successfully leverage…