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U.S. Environmental Protection Agency
Sparrows Point owner, government reach cleanup agreement
Sparrows Point owner, government reach cleanup agreement

Hopes for redevelopment of the former Sparrows Point steel mill in Baltimore County — and the promise of new jobs — took two giant strides forward Thursday as the land was sold to a new owner who also reached agreement with state and federal environmental agencies on a cleanup plan for the polluted site. The massive former Bethlehem Steel facility was shuttered two years ago and auctioned off in a bankruptcy-law proceeding to salvage companies. The land has now been sold for an undisclosed amount to Sparrows Point Terminal, an offshoot of the Hanover-based investment firm Redwood Capital Investments LLC. Under terms of an agreement announced Thursday with the U.S....