Case Study: GenOn increases property valuations and advances asset divestiture with Environmental Resources Management (ERM)

GenOn boosts property valuations by multi-million dollars with ERM

GenOn, a major independent power producer, entered bankruptcy proceedings and needed to assess its asset retirement obligations while operating with a lean corporate staff. They turned to Environmental Resources Management (ERM) for its expertise in M&A due diligence and decommissioning to help navigate their reorganization and divestiture.

ERM implemented a comprehensive approach, using drone surveillance and expert analysis to update financial estimates and identify value-creation opportunities. The solution included developing asset management plans, monetizing environmental assets, and preparing sites for renewable energy reuse. As a result, ERM identified a multi-million dollar increase in property valuations for GenOn, helping them achieve their strategic divestiture goals.

GenOn