Environmental Liability and Remediation Cost Estimation
During an M&A transaction and subsequent dispute over environmental remediation costs; Gradient helped the seller of 45 gas compressor stations in Texas and Oklahoma define environmental liabilities. The sites were impacted with PCBs; TPH; mercury and chromium. We evaluated the investigation and remediation reports; estimated defensible cleanup costs; and summarized the work in a memo to the General Counsel. Gradient's work helped price the deal for the environmental portion and facilitated settlement of the disputed environmental cos
Project Highlights
- PCB remediation
- M&A Transaction
- Cleanup costs
- Natural gas