Three utilities that own a retired coal-fired plant along the Ohio River in southwestern Ohio have announced the sale of the site.
Duke Energy, American Electric Power and Dayton Power & Light said Monday they finalized the sale of their shuttered Walter C. Beckjord coal-fired power plant in New Richmond in Clermont County to Commercial Liability Partners. Financial terms of the transaction weren’t disclosed.
The utilities said Commercial Liability Partners will repurpose much of the property for future development and work under the Ohio Environmental Protection Agency’s direction to determine final environmental plans. The site includes the station and surrounding coal ash ponds.
When the Beckjord plant was operating, it was often included on lists of the worst polluting power plants in the country. A 2007 U.S. EPA study found groundwater near the plant was contaminated with coal ash, prompting Duke Energy, which had been the operator of the jointly owned power plant, to install on-site wells to draw contamination away from wells on nearby properties.
Duke Energy said it will continue to own and operate a transmission substation and switchyard near the plant.
New Richmond is roughly 25 miles southeast of Cincinnati.