Properties to be remediated and returned to commerce

HRP plans a second life for both sites as warehouse distribution hubs

Wednesday, January 9, 2019 11:34 am EST

Dateline:

NEWARK, N.J.

PSEG Power, a subsidiary of Public Service Enterprise Group (PSEG), announced today the sale of the sites of its retired Hudson Generating Station in Jersey City/Secaucus and Mercer Generating Station in Hamilton Township to Hilco Redevelopment Partners (HRP) (www.hilcoredev.com), an operating company within Hilco Global. Both coal-burning power plants were built in the 1960s and retired in June 2017. PSEG is committed to being a leading clean energy provider. Last year, the company set the goal of eliminating 13 million metric tons of CO2-equivalent emissions by 2030 from 2005 levels.

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