Aldrich Street Uxbridge Update 08/10/18
Uxbridge Parcels Refinanced for $260 million
New York-based LS Power, has refinanced their land in Uxbridge for $260 million via Bank of New York Mellon. The land is situated on portions of Aldrich Street, Douglas Pike, and Hale Swamp. The Massachusetts land sits directly across from Ocean State Power, a 560-megawatt natural gas combined-cycle facility located in Burrillville, Rhode Island.
Ocean State Power (owned by LS Power) was acquired along with 3 other northeast generation resources in 2017 for $2.1 billion. Attempts to build a power facility in Uxbridge have been nixed by the town over the past few years.