The city of Leeds, England has signed a waste treatment and energy recovery contract with Veolia Environment Services, which will entail the construction of a combined heat and power plant.
The 25-year Private Finance Initiative (PFI) contract with Leeds City Council is worth around $730m.
The facility will generate enough electricity to power 20,000 households and have the potential to also supply heat to local users, and could potentially save the council $317m over 25 years.
“This remarkable facility reflects our strategic commitment to the UK market and our sustainable development approach that is reflected in the construction of new waste treatment and energy recovery plants delivering exceptional environmental performance”, said Jéràƒ´me Le Conte, CEO of Veolia Environmental Services.
“In the United Kingdom, Veolia Environmental Services is currently involved in 12 PFI/PPPs. This type of partnership contract will help make it possible to achieve the targets set under the European Landfill Directive.”
If planning permission for the CHP is granted, construction on the plant is expected to begin in summer 2013, with operations scheduled to begin in spring 2016.
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