News

Please check back with us from time to time to get the latest news, announcements, and other helpful information about the Salem Harbor Power Station.

Archive

  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • Copyright 2017 Footprint Power
    Salem Harbor Development Team
    Contact

    Americas Power Deal of the Year Salem Harbor

    February 7, 2016

    Footprint Power’s Salem Harbor project financing was the most significant power transaction of 2015 based on its structure, as it was the first project financing supported by an ISO New England (ISO-NE) capacity award financed on a fully merchant energy basis. The project was affected by the changes being implemented in New England’s capacity markets, allowing developers […]

    ‐ Read more ‐

    Ten things you may have missed Tuesday from the world of business

    June 3, 2015

    Jack Newsome Boston Globe June 03, 2015 Work begins on New power plant in Salem After a long and contentious process, financiers and state officials broke ground Tuesday on a natural gas plant being built at Salem Harbor. Footprint Power, of New Jersey, has spent years fighting legal battles as it knocked down an old […]

    ‐ Read more ‐

    Officials hold groundbreaking for Salem’s $1B Footprint power plant

    June 2, 2015

    The Salem News By Dustin Luca / Staff Writer June 2, 2015 SALEM  Enjoying refuge from the rain under a large tent, Footprint Power CEO Peter Furniss said the Salem Harbor Station’s construction started in January, but we waited until now for the groundbreaking ceremony so we could give you some good weather. So much […]

    ‐ Read more ‐

    Salem Harbor cements financing for natural gas power plant

    January 9, 2015

    Boston Globe By Jack Newsham / Globe Correspondent January 9, 2015 The developer of a natural gas-fired power plant at the site of the decommissioned coal plant at Salem Harbor said Friday that it secured financing to finish the project. Footprint Power LLC, the New Jersey-based company that bought the Salem Harbor coal plant in […]

    ‐ Read more ‐

    Salem’s Footprint power plant secures financing

    The Salem News By John Castelluccio, Staff Writer Jan 9, 2015 SALEM Footprint Power has cleared the last major hurdle on its way to building a $1 billion natural gas-fired plant on Salem Harbor. On Friday, Footprint said it has secured the financing needed for construction, allowing it to issue the final notice to proceed […]

    ‐ Read more ‐

    Making the Improbable possible

    July 9, 2014

    Wicked Local Beverly By Jennie Oemig Posted July 9, 2014 Melissa Varnavas reads her poem about interviewing personnel at Salem Power Plant during Montserrat College of Art’s Improbable Places Poetry Tour reading Wednesday, July 2, at the Salem Power Plant. The theme was “power of work/work of power.” Wicked Local Staff Photo / Nicole Goodhue […]

    ‐ Read more ‐

    Salem Power Plant Shutting Down After 60 Years

    May 31, 2014

    CBS Boston May 31, 2014 SALEM (CBS) After 60 years in operation, a controversial coal-burning power plant in Salem is shutting down. The Salem Harbor Station will cease operations just after midnight Saturday. Some neighbors say good riddance. They complain that the plant for years spewed soot that ended up on window and cars and […]

    ‐ Read more ‐

    New Salem plant a test case for Mass. climate law

    January 19, 2014

    Utilities call power vital; environmentalists alarmed By Erin Ailworth Boston Globe Staff January 19, 2014 Peter Furniss is the CEO of Footprint Power, which plans to replace the coal-burning Salem Harbor Power Station with a cleaner, gas-fueled plant. SALEM  Nearly 100,000 tons of coal piled four stories high sprawl across a section of the waterfront […]

    ‐ Read more ‐

    Changes at Salem Harbor Power Station

    Boston Globe January 19, 2014 Footprint Power hopes to replace the 63-year-old, coal-and-oil-fired plant with a state-of-the-art natural gas facility.

    ‐ Read more ‐

    McAllister: Salem’s longtime economic hub

    May 20, 2013

    The Salem News / Essex County Chronicles Jim McAllister May 20, 2013 File Photo / The Salem News One of the most closely watched pieces of real estate in our region today is that longtime hub of the North Shore fuel and energy industries, the Salem Harbor Station. The property’s connections to those industries dates […]

    ‐ Read more ‐