Did you know?
While the onshore wind resources in Massachusetts are limited, its wind resources in the waters immediately offshore are immense with production capacity estimates as high as 200 billion watts. Some of the best locations for wind in the Commonwealth are immediately adjacent to Salem Harbor off of Cape Ann. Because of its flexibility, the new Salem Harbor Station serves as a perfect partner to wind generation.
An undertaking as significant as the new Salem Harbor Station requires a team with the expertise and determination to make it come to fruition. The project team is composed of industry leaders with the knowledge and capacities to make the new Salem Harbor Station an important resource for Salem, Essex County, and beyond.
Highstar Capital is an infrastructure investment firm with deep expertise in energy investing and development. In August 2014, the Highstar Capital investment team joined Oaktree Capital Management, L.P., a global investment management firm with more than $96 billion in diversified assets under its management as of March 31, 2016, and considerable experience in the energy industry.
Footprint Power is dedicated to helping owners of older coal- and oil-fired power plants and the communities that host them transition these facilities and sites to other productive purposes. We are independent power industry veterans, adept at evaluating complex situations, identifying opportunities, and structuring solutions to address challenges. We are active listeners and straight talkers. Most of all, we are concerned citizens, deeply committed to our planet future and to doing what we can to reverse our industry impact, both globally and locally.
Toyota Tsusho is a general trading company that develops diversified businesses through 950 group companies in Japan and overseas, and with customers around the world, via a global network covering Japan and more than 60 countries worldwide. With various activities, the group provides products and services in a broad range of business domains that are essential to achieving the creation of a prosperous and fulfilling society. Toyota Tsusho is listed on the Tokyo Stock Exchange and the Nagoya Stock Exchange.
Did you know?
Footprint Power started working on the new Salem Harbor Station in April 2010. We reached out to anyone who was interested in talking to us about our plan for replacing the old coal- and oil-fired plant with a new, more compact and efficient gas-fired plant. When completed, we will have realized a vision that achieves broad policy goals in a market-based framework.
At Footprint Power, we are as much about generating clean energy as we are about generating goodwill within the communities we serve. We are supportive of many civic groups and events, and are members of several local organizations, including the Salem Chamber of Commerce, Salem Partnership, Salem Rotary Club, and the North Shore Chamber of Commerce.
Salem Harbor Development Team
One event that we were particularly pleased to be a part of was an art exhibit entitled, Across the Bridge. It honored and documented the lives and work of many of our power plant employees through a variety of art forms that included photography and video, drawings, paintings, poetry, sculpture and installations. The magnificent work was created by talented students from the Montserrat College of Art in Beverly, and was displayed fittingly in the turbine hall at the Salem Harbor Station.
It is still too early to know exactly what amenities will ultimately be a part of the remaining 42 acres of the site that will not house the new Salem Harbor Station. In the coming months, we will be working with the City of Salem, the Commonwealth of Massachusetts and our Salem community to determine the best mixed uses of the site.
We have entered into an agreement with the City of Salem that allows for shared use of the dock. With pre-planning and coordination, our goal is to provide Salem with the opportunity to continue to expand the use of the dock to include receiving cruise ships and other visiting passenger vessels over the next several years. The process began on October 19, 2014, when the Seabourn Quest arrived at our dock and stayed for the day. We welcomed Fred Olson Balmoral in September 2015 and the Quest returned in October 2015. Beyond the completion of construction, the agreement in place between Salem and Footprint leaves open the door for continued use of the wharf by the City of Salem.
Improbable Places Poetry Tour
The Salem Harbor Station was a stop on the Improbable Places Poetry Tour, which was the brainchild of the Montserrat College of Art. The tour was the school’s way of bringing together student writers, local poets, area businesses and enthusiastic listeners to celebrate the power of poetry and community. At each stop a new theme was selected. Much like Across the Bridge, which was another Montserrat class project, the poetry written for this event honored the work and lives of the plant workers, and was held in the turbine hall.