Fox Lake Power Plant
Fox Lake Generating Station
Project Overview: In October 2019, CDC and affiliates announced the purchase of the retired Fox Lake Generating Station from Alliant Energy’s Iowa energy company. The transaction included the purchase of real estate assets, machinery & equipment, and the assumption of legacy environmental liabilities associated with the site. ELT will oversee the decommissioning and demolition process as well as environmental remediation obligations going forward.
The Fox Lake Generating Station is located in Sherburn, Minnesota along the south bank of Fox Lake. The plant began operations in 1950 and operated as a 105-MW coal-fired power plant that was converted to natural gas in the 1990s. The plant had four turbines at the facility and produced 105 megawatts of electricity, providing power to over 100,000 homes in Martin County and surrounding areas. The plant officially was retired in 2017.
CDC will now commence a series of environmental remediation and demolition projects designed to reposition the 44-acre site for post coal-fired power plant utilization. Pre-development activity will include asbestos abatement, removal of universal waste, environmental remediation working in conjunction with the Minnesota Pollution Control Agency, and demolition of most of the infrastructure on site. The substation and power grid connection will remain intact and available for use by future occupants. The expected timeline for completion is 3 years, at which point the site will be marketed for reuse. Throughout the process, CDC will be evaluating the market to determine the highest and best use for this site going forward. Additionally, CDC will be meeting with local leaders and economic development agencies to find potential users who could benefit from the site’s attractive development features, which includes 44 acres of lake front property and immediate access to substations and the power grid.