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
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