Liquidation & Auction Services Case Studies

An entire cogeneration plant was acquired, dismantled, and repurposed—without any cost to the original owner.   The Challenge: Simplify Closure, Unlock Value When Pawtucket Power Associates made the decision to retire their cogeneration plant in Rhode Island, they were confronted with a costly and complicated process. The facility—anchored by a GE Frame 6B gas turbine—needed to be decommissioned, removed, and the site restored, all while minimizing financial exposure. That’s where Phoenix Equipment came in. By acquiring the full facility at no cost, we took ownership of the entire process: equipment resale, removal, logistics, and cleanup —delivering a win-win outcome for all stakeholders.   What Phoenix Delivered Our turnkey solution included: Complete acquisition of the facility and its components No-cost decommissioning for the site owner Resale of the GE Frame 6B turbine to a Rochester, NY energy producer Comprehensive dismantling and secure transportation Final delivery of a clean site   “From equipment sale to site removal, Phoenix executed everything with precision.” — Site Engineer, Pawtucket Power Associates   Behind the Scenes: Step-by-Step Execution Initial Phase: Structural Disassembly Begins Phoenix crews commenced the project with carefully managed dismantling operations to provide safe turbine access. Mid-Project: Equipment Secured for Transport All major components, including the GE turbine, were prepped for safe and efficient shipment. Final Phase: Site Restoration Complete We delivered a fully broom-clean site—without the original owner incurring a single dollar in removal costs.   Measurable Outcomes For Pawtucket Power Associates: Eliminated liabilities tied to plant decommissioning Avoided high-cost demolition and disposal fees Received a fully restored site ready for new development   For the Rochester-based Buyer: Acquired a proven GE Frame 6B turbine at a significant discount Cut lead time compared to ordering new equipment Accelerated their go-live schedule and enhanced reliability   “Phoenix made it possible to skip the wait and start producing—fast and affordably.” — Plant Manager, Rochester NY Buyer   Project Overview Facility Type: Cogeneration Plant Location: Pawtucket, Rhode Island Turbine Destination: Rochester, New York Flagship Asset: GE Frame 6B Gas Turbine Scope of Work: Acquisition, Asset Sale, Dismantling, Removal, Remediation Phoenix Solution: Cost-free decommissioning and turnkey reuse model   Featured Asset: GE Frame 5PA Turbine – Now Available Just Released for Purchase: 26 MW GE Frame 5PA Gas Turbine Generator (Never Installed) Factory-stored and in pristine condition Excellent fit for standby, baseload, or peaking power generation Available for immediate viewing and transport   Request technical specifications and availability.   Why Work with Phoenix Equipment? We specialize in: Full plant and turbine acquisition and resale Decommissioning support and complex liquidations Zero-cost removal models with maximum asset recovery

Sanofi closed its Advanced Pharmaceutical Intermediates (API) Pilot Plant for business reasons in 2010 at its Bridgewater, NJ site.  In 2011, Sanofi also announced it would shutter the entire site and began planning to market it for sale as a business campus.  In line with selling the site as a business campus, Sanofi felt that removing the API plant and building would enhance the overall campus’s marketability. Sanofi obtained several proposals to simply demolish the building with price tags in excess of $1,000,000.  However, Phoenix was able to offer a significant payment to Sanofi and convert the plant area to a greenfield at no cost to Sanofi.  We purchased the assets in April 2012 and safely completed the scope of removal work by October 2012.     Our Solution Asset Recovery Summary Phoenix Equipment paid Sanofi for the plant and equipment and performed all removal and dismantlement work at no cost.  We were able to do this by leveraging our ability to purchase and resell process equipment.  Phoenix safely dismantled and rigged out at its own expense over 100 pieces of process equipment for resale, including: (13) Hastelloy Reactors, (9) Glass Lined Reactors, (3) Filter Dryers, (13) Hastelloy Heat Exchangers/Condensers, (3) Centrifuges, (4) Shelf Dryers, (12+) Sparkler and Nutsche Filters, (5) Milling Systems (10) Temperature Control Units, (10+) Tanks, (4) Chillers, (10+) Lab Equipment, and (10+) Scales.   100+ Pieces of Process Equipment 250,000 lbs+ of Non-ferrous material 1500 Ton+ of Carbon Steel Dismantlement Summary Total Plant Demolition Equipment Rigging Scrap Recycling   In addition to equipment removal and building demolition, Phoenix offered a turn-key demolition service as part of our acquisition that included the following: Geographical Survey, Disconnects and Utility Safe-offs, Electrical Terminations, Testing of Masonry Materials, Extermination, Soil Erosion Control and Landscaping.  Our 8 person crew spent six months at the NJ plant to safely perform the project without any injury or incident.  Phoenix utilized a Komatsu PC400 Excavator equipped with a shear, a Komatsu PC300 Excavator equipped with a grapple, various cranes ranging from 65 Tons to 500 Tons, various man-lifts, skid steer dozers and forklifts.  Our crew worked with the plant’s employees to time our operations in the plant’s active areas.