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N.S. gives up on attempts to find buyer for former DSME wind plant in Trenton

FILE - The wind tower plant was closed in February 2016 and placed in receivership. File/ Global News

The Nova Scotia government has given up on attempts to find a buyer for one of Atlantic Canada’s largest industrial sites.

In a news release, Business Minister Geoff MacLellan says for more than two years “every effort” was made to find a buyer for the former DSME wind plant in Trenton without success.

READ MORE: Future of DSME Trenton’s massive Nova Scotia wind tower plant remains a mystery

MacLellan says a court-appointed receiver will transfer ownership of the Trenton lands to Crown-owned Nova Scotia Lands Inc. effective Sept. 7 and will begin auctioning off the remaining equipment at the site.

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He says Nova Scotia Lands will explore other economic opportunities for the 430,000-square-foot facility that sits on 116 acres of land in the heart of Trenton.

WATCH: DSME Trenton metal fabrication plant closing

Click to play video: 'DSME Trenton metal fabrication plant closing'
DSME Trenton metal fabrication plant closing

The previous NDP government took a 49 per cent equity stake in the plant in 2010, committing $59.4 million to the business.

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The wind tower plant was eventually closed in February 2016 and placed in receivership.

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