2 June 2010 – Covanta Energy and Peel Environmental are joining forces to deliver a £500 million (US$735 million) investment in the North West of England to create the UK’s biggest industrial ‘eco-park’ designed to increase waste recycling, reprocessing and energy recovery and use on-site.
The proposed eco-park is to be located adjacent to the Stanlow oil refinery on the south bank of the Manchester Ship Canal, within easy reach of both Manchester and Liverpool.
It will be operated by Ince Park, in a joint venture partnership between Covanta and Peel.
The agreement will see Covanta Energy – said to be the world’s biggest operator of energy-from-waste (EfW) facilities – design, build, own and operate the EfW facility, which will turn household and business waste that cannot be sensibly recycled, into heat and up to 95 MW of electricity.
Much of this energy could be redeployed on the eco-park to increase the viability of recycling and reprocessing goods and materials to avoid them being sent to landfill.
Construction of the EfW facility is anticipated to commence in 2011.