Three bidders in Spanish waste to energy PPP
The government of Guipuzkoa, Basque country (Spain), has announced that three consortia have submitted bids for the Zubieta waste-to-energy plant.
The selected consortia are formed by international companies and local firms. More specifically, the bidding teams are the following:
- Valoriza Servicios Medioambientales S.A. and Valoriza Gestión. S.A. (subsidiaries of Sacyr Group) and Construcciones y Promociones Balzola, S.A.
- Urbaser S.A., Meridiam Investments SAS, Altuna y Uria S.A, Construcciones Moyua S.L, Construcciones Murias S.A. and LKS Ingeniería S.COOP;
- Fomento Construcciones y Contratas (FCC) with Sartech Engineering, part of Sarralle Group.
The winning team will be responsible for the construction, finance, operation and maintenance of a waste to energy plant with capacity to treat approximately 200,000 tones per year. In addition, the consortium in charge of the concession will have rights on the revenues for the power generated, which is expected to be 160.000 MWh per year.
The concession contract will have a duration of 35 years. The total project investment is estimated at €217.6 million (US$243 million).
The preferred bidder is expected to be announced in November and construction works are scheduled to begin by January 2017.
The Consorcio de Residuos de Gipuzkoa (GHK), the entity in charge of the project's tender process, approved on 28 July the waste-to-energy PPP. GHK involves multiple local administrations as well as the provincial government of Gipuzkoa.
KPMG, IDOM, and Garrigues, Deloitte are advising the administration for procurement of the project.
Country news
-
-
October 28, 2016
Abertis reports 10% growth in like-for-like net profit to €718Mn in January-September
Abertis has announced improvements in all its key figures in the first nine months of 2016: EBITDA rose by 13% to €2,407 million (US$2.9 billion) and revenues by 9% to €3,612 million, largely thanks to the growth in traffic and the change in the consolidation scope. Read more -
October 10, 2016
OHL sells 4.425% stake of Abertis
OHL, the Spain-based developer, has announced the sell of further 4,425% stake in Abertis, retaining the remaining 2.5% shares in the company until 2018. Read more -
October 06, 2016
ACS sells Urbaser to Chinese group
ACS Group, the Spanish construction and services firm, has announced the agreement to sell Urbaser, its waste management operations subsidiary to Firion Investments, property of Hong Kong-based Ying Zhan Investment Limited. Read more -
September 26, 2016
Cellnex Telecom completes acquisition of 230 cell towers from Bouygues Telecom in France
Cellnex Telecom, a Spanish telecommunication tower operator has announced it has completed the acquisition of a package of 230 cell towers distributed throughout France from Bouygues Telecom. Read more -
September 23, 2016
Spain in desperate move to keep toll roads open
Spanish Ministry of Transport and Public Works is working "in extremis" to prevent the closure of the R-3 and R-5 radial highways developed under the concession model. Read more
