SUEZ ENVIRONNEMENT (EPA:SEV) SUEZ ENVIRONNEMENT, through its subsidiary SITA Polska, has won the contract to build and operate for 25 years an energy-from-waste plant in Poznań
Transparency directive : regulatory news
15/01/2013 09:44
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SUEZ ENVIRONNEMENT
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PRESS RELEASE
January 15, 2012
THE FIRST PUBLIC PRIVATE PARTNERSHIP FOR ENERGY-FROM-WASTE IN POLAND
SUEZ ENVIRONNEMENT, THROUGH ITS SUBSIDIARY SITA POLSKA, HAS WON THE CONTRACT
TO BUILD AND OPERATE FOR 25 YEARS AN ENERGY-FROM-WASTE PLANT IN POZNAŃ
On 21 December 2012, the City of Poznań awarded the contract for the
construction and operation of an energy from waste plant to SITA Zielona
Energia - a joint venture between SITA Polska, a subsidiary of
SUEZ ENVIRONNEMENT, and Maguerite Waste Polska, a subsidiary of the Marguerite
Fund(1) - in the largest ever Public Private Partnership tender in Poland.
Estimated to 180 million euros, the construction of this energy from waste
plant will be financed by a long term non-recourse project finance debt and
will generate total revenue of approximately 850 million euros for SITA
Zielona Energia during the period of operation.
Under this project, SITA Zielona Energia will design, build and finance an
energy-fromwaste plant with a capacity of 210,000 tons per year, which will
then be operated for 25 years by SITA Polska. SITA Zielona Energia will
deliver this facility by 2016, on a plot provided by the city of Poznan.
Through this first Public Private Partnership in the field of waste management,
SUEZ ENVIRONMENT intends to offer its expertise and know-how to Polish local
governments who are keen to change their waste management policy by
encouraging recovery. The plant is expected to reduce significantly the
disposal of waste in local landfills, in accordance with the EU Landfill
Directive and Poland's Law on Waste.
"In awarding this contract, the city of Poznan recognizes the quality of the
project we submitted but also the expertise SITA Polska has already
demonstrated in Poland for many years." said Jean-Louis Chaussade, CEO of
SUEZ ENVIRONNMENT.
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SITA POLSKA
Since 1992, SITA Polska has been providing waste management and urban cleaning
solutions to local communities, industries and businesses. In 2011, SITA
Polska and its 2,600 employees managed over 960 thousand tons of waste with
the objective of steadily increasing recycling and recovery.www.sitapolska.pl
SUEZ ENVIRONNEMENT
Natural resources are not infinite. Each day, SUEZ ENVIRONNEMENT (Paris: SEV,
Brussels: SEVB) and its subsidiaries deal with the challenge of protecting
resources by pro viding innovative solutions to industries and to millions of
people. SUEZ ENVIRONNEMENT supplies drinking water to 97 million people,
provides wastewater treatment services for 66 million and collects the waste
produced by close to 57 million people. SUEZ ENVIRONNEMENT has 80,410
employees and is a world leader exclusively dedicated water and waste
activities across five continents. In 2011, SUEZ ENVIRONNEMENT, a 35.7%
GDF SUEZ subsidiary, achieved revenue of EUR14.8 million.
1 The 2020 European Fund for Energy, Climate Change and Infrastructure ("the
Marguerite Fund") was established with the backing of six of Europe's leading
public financial institutions (Caisse des Dépôts et consignations, Cassa
Depositi e Prestiti, European Investment Bank, Instituto de Crédito Oficial,
KfW, PKO Bank Polski) to make capital-intensive infrastructure investments.
The Fund is advised by Marguerite Adviser S.A., an independent advisory
company. www.margueritefund.eu
CONTACTS SUEZ ENVIRONNEMENT
Presse Analystes/ Investisseurs
Tél. : +33 1 58 81 23 23 Tél. : +33 1 58 81 24 95
E-mail : suez_env.pressoffice@suez-env.com