Golden Eagle, LLC a subsidiary of Commercial Liability Partners purchased the Monticello Power Plant, a retired coal-fired power plant in Mt Pleasant, Texas.

“We are excited to announce the acquisition of the two retired coal facilities in Mt. Pleasant and Fairfield and pleased to continue our partnership with Luminant. Today’s announcement is the first step in a multiyear process that will ultimately focus on redevelopment of the sites and the two communities. “

Ron Froh, CEO and President of CLP

Golden Eagle, LLC (CLP) is working closely with state and local officials, as well as community stakeholders, to begin to develop plans for potential long-term use at the sites.

Commercial Liability Partners is actively addressing the environmental needs at the sites, including remediation, groundwater monitoring, abatement, decommissioning and demolition of the facilities.

The Monticello site, completed in 1978, was a three-unit power plant located in Titus County. The site was retired in early 2018.

Commercial Liability Partners, is the industry leader in redeveloping underused, challenged and unique properties. We have a strong track record of working effectively with local and regional economic development professionals to transform closed power plants into useful and productive sites. Over the past 7 years it has managed cleanup of more than 20 similar properties in OHIO, PENNSYLVANIA, TEXAS, ILLINOIS, NEW JERSEY and WEST VIRGINIA.

FORMER MONTICELLO POWER PLANT