In brief: Energy-from-waste contract news
Momentum continues to build in the energy-from-waste (EfW) market with latest developments centring on long-term municipal contracts and ambitious plans for anaerobic digestion.
FCC Environment has secured a long-term contract on behalf of Buckinghamshire County Council to build an EfW treatment facility at Greatmoor, near Aylesbury.
The project, which is being funded through use of construction-only finance and prudential borrowing, will treat up to 300,000 tonnes of residual waste each year and will generate 22MW of electricity.
The contract is set to run for 30 years and will treat Buckinghamshire's residual household and business waste.
Construction is anticipated to start later this year and it is thought the facility will provide up to £2.3m to the local Aylesbury Vale economy per year and approximately £3.1m at the county level.
Meanwhile further north, Merseyside Recycling & Waste Authority (MRWA) today has selected SITA as its preferred bidder for a 30-year waste resource and recovery contract on behalf of the Merseyside & Halton Waste Partnership.
The deal will bring £145m worth of savings to the Authority and its partner councils over current landfill costs.
The winning bid from ITA includes an EfW facility with combined heat and power at the Wilton International site in Teesside. The facility is expected to take two years to build and the contract is expected to start handling waste in 2016.
Further investment in EfW can be seen with Iona Capital who has provided funding to JFS Howla Hay Biogas, a joint venture company with developer JFS & Associates and a family-run farm in North Yorkshire.
As an experienced investor in larger anaerobic digestion (AD) transactions, Iona is providing funding for the development of JFS' pipeline of 20 agricultural AD projects.
JFS & Associates will act as a development partner and construct a new 250kW AD plant at Howla Hay Farm, North Yorkshire with a planned operational date of January 2014.
The farm will provide the required feedstock (manure, slurry, energy crops) to the AD plant to enable generation and sale of renewable electricity to the National Grid.