January 2016, Vol. 243, No. 1

Projects

Coast Guard Issues Final EIS for Deepwater Port Project  

The federal Maritime Administration and U.S. Coast Guard issued a 4,242 page final Environmental Impact Statement (EIS) for the proposed Port Ambrose Project deepwater port. The EIS confirms that the project is needed, the location is safe, and that impacts to the environment are minimal. According to developer Liberty Natural Gas, the project is designed to deliver natural gas to the New York and New Jersey regional market during times of peak demand, primarily in the winter heating season. Liberty’s sponsors, West Face Capital (WFC), intend to invest $600 million of private equity into Port Ambrose, a project that does not rely on ratepayers or government subsidiaries. Port Ambrose cons

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