# PEABODY STREET ASBESTOS SUPERFUND SITE
> **Administrative - Formal** · FY2015 · — · Final Order With Specified Cost Recovery
## Case
- **Activity ID:** `3600388778`
- **Case Number:** 01-2015-0010
- **Type:** Administrative - Formal
- **Lead:** EPA
- **Outcome:** Final Order With Specified Cost Recovery
- **Penalty assessed:** —
- **Cost recovery:** —
- **Compliance action $:** —
- **Multimedia (multi-env):** —
## Defendants
- MASSACHUSETTS ELECTRIC COMPANY dba NATIONAL GRID (settlement)
## Summary

On September 16, 2015, Region 1 signed an Administrative Settlement Agreement (Settlement Agreement) with Massachusetts Electric Company (MEC) d/b/a National Grid (Settling Party) with respect to the Peabody Street Asbestos Superfund Site, located in Salem, Massachusetts (Site).  In the Settlement Agreement, the Settling Party agrees to pay EPA $850,000 plus interest to settle EPA�s past costs.  From approximately 1910 to 1964, MEC and other utilities operated a power plant at the Site.  In 1964, MEC demolished the power plant, with the majority of the demolition material being left in place.  EPA performed a time-critical removal action at the Site to remove asbestos-contaminated soils.  The Site is not listed on the National Priorities List.  The effective date of the Settlement Agreement will follow a 30-day public comment period and review of any comments received

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*Source: [EPA ECHO](https://echo.epa.gov/) · AI Analytics · CC0 1.0*