© 2024 Access Intelligence, LLC - All Rights Reserved
PAGES
CATEGORIES
Current POWER Magazine Issue
We are first in your inbox with the most important news in the industry?keeping you smarter and one-step ahead in this ever-changing and competitive market.
Start your free subscription) 2020 Access Intelligence, LLC - All Rights Reserved
Environmental Liability Transfer
Proactive corporations are lowering their environmental risk exposure by divesting environmental liabilities through a strategy known as environmental liability transfers (ELTs). ELTs are unique transactions that allow a corporation to shed environmental risk while jumpstarting the remediation and redevelopment of the site through the private sector.
An ELT combines the value of real estate and environmental liability, then transfers the environmental risk (including all future regulatory obligations) to an ELT provider. By assuming the environmental risk on behalf of a corporation, an ELT provider effectively removes an environmental risk and guarantees site remediation with a fully-funded remedial trust.
Offered Free by: ELT
See All Resources from: ELT