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