Enstructure
Coverage of Enstructure in the Nexus archive.
- Delaware officials raid secret fund again to close financial shortfall on Edgemoor port container project
Delaware officials confirmed funding for the Edgemoor container terminal project using unclaimed property to address a $189 million shortfall. The state's contribution increased to $325 million for phase one, with Enstructure providing $225 million and federal funds adding $119 million. The project, aimed at shifting shipping traffic from Philadelphia and New Jersey ports, faces challenges including invalidated permits, court challenges, and rising costs.
- ‘It’s an outrage’: Critics demand transparency on source of Delaware funding for Edgemoor port project
Delaware's Edgemoor port project has seen its Phase 1 costs rise from $415 million to $669 million, with the state agreeing to an additional $110 million in funding whose source remains undisclosed, sparking criticism from lawmakers and open government advocates. The state's lack of transparency about the funding has drawn accusations of secrecy, despite claims that the terminal will boost economic development through jobs.