The total investment for both the new energy-from-waste facility and waste transfer station amounts to £250 million ($513 million). Most of the project cost is being funded through long-term non-recourse project finance loans.
The project involves the development of a facility for the Merseyside and Halton Waste Partnership at the company’s Wilton International industrial site in Teesside, UK, capable of producing up to 49 megawatts of gross power or 190 tonnes per hour of steam using municipal and commercial waste.
The facility will be developed through a 40:40:20 joint venture between Sembcorp, SITA UK (a unit of Suez Environnement), and I-Environment Investments Limited (a unit of ITOCHU Corporation). The joint venture will also be developing a waste transfer station in Knowsley, Merseyside, to transport the waste by rail from Merseyside to the energy-from-waste plant in Teesside. Both facilities are targeted to begin operations in 2016.
Through this facility, Sembcorp will be able to divert waste from landfill, convert waste to energy, reduce the consumption of fossil fuels and also lower carbon emissions. When completed, the plant will divert up to 430,000 tonnes per year of waste from landfill and reduce carbon emissions by an estimated 130,000 tonnes per year, compared to landfilling an equivalent amount of waste.
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