Meridiam and Urbaser sign new contract for a major waste-to-energy plant in Poland

Meridiam and Urbaser sign new contract for a major waste-to-energy plant in Poland

PARIS, 2-Dec-2019 — /EuropaWire/ — Meridiam and Urbaser to develop, build and operate a waste-to-energy plant in north-eastern Poland. The Public Private Partnership contract was signed with the public utility in charge of district heating supply in the municipality of Olsztyn, MPEC. This is the second Waste to energy Project for Meridiam and Urbaser in europe, an important contribution to EU objectives to reduce share of landfills on the continent.

The city of Olsztyn of has 270,000 inhabitants that will benefit from the electricity and heat that the new plant will produce. The plant will also help on the management of solid municipal waste of the city.

The new plant will ensure the continued supply of heat in Olsztyn’s district heating system which will replace the existing coal-fired facilities. It directly contributes to the reduction of pollution in Poland as it will avoid emissions of c. 100,000 tons of CO2 per year. The plant will provide clean energy, sustainable and resilient infrastructure and will fight against climate change which help achieve the United Nations Sustainable Development Goals.

The new plant will be a critical contribution of Poland to EU objectives in reducing the share of landfills as waste management tools and increasing the recovery of energy from waste and will benefit from European subsidies to complete its financing.

The project is expected to create more than 500 new jobs during the construction phase and 30 during the management phase, also contributing to the economic and jobs development.

Meridiam holds 80% and Urbaser 20% of the project. This is the second waste to energy project that Meridiam and Urbaser have developed together. The first is the Zubieta project located in the Spanish Basque country that came into operation this fall. Urbaser is a world leader in environmental management (urban services, waste and water treatment).

SOURCE: MERIDIAM

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