Rookery South ERF reaches financial close
The Rookery South Energy Recovery Facility project in Bedfordshire, UK has reached a financial close.
The project features a moving grate combustion technology. It can accommodate up to 480,000 metric tons of municipal, commercial and industrial residual waste annually, enough to generate over 50 MW of low carbon energy, enough to power up to 65,000 homes.
In January 2018, the project has received an environmental permit to initiate the construction phase. The facility is expected to be operational by 2020.
The waste-to-energy facility is developed by Veolia (20%), Covanta (40%), and Green Investment Group (40%). Hitachi Zosen Inova is commissioned to deliver the engineering, procurement and construction contract for the project.
Country updates
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March 27, 2019
Kingston Council confirms Road Estate ballot and selects development partner
Kingston Council has confirmed that the ballot for the Cambridge Road Estate regeneration will be held this year. Furthermore, Countryside Properties (UK) Ltd will be the joint venture development par...
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March 25, 2019
Preferred bidder revealed for £200-million regen project in Hertfortshire
East Hertfordshire District Council has revealed that, the partnership between Network Rail and Kier Property, has been selected to develop the £200 million Goods Yard site in Bishop’s Sto...
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March 25, 2019
Interserve goes into administration after financing rescue plan failure
Interserve has gone into administration after its deleveraging plan was rejected at a crucial shareholder meeting. US hedge fund and the company's largest shareholder, Coltrane, has led a rebel...
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March 21, 2019
Kier Group appoints Chief Executive
Kier Group has announced the appointment of Andrew Davies as Chief Executive with effect from 15 April 2019. From 2014 to 2018, Mr. Davies was the Chief Executive Officer of Wates Group Limited, the...
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March 19, 2019
Like-for-like replacement for PFI scraped by the Treasury of UK
After Brexit, The Treasury of UK has launched a consultation on possible new models to finance private infrastructure that could lead to the creation of a new investment bank. But they ruled out a lik...
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