Waste to Energy
Announcements prior to September 2017, including this announcement, occurred under previous ownership.
04 January 2013
The main site at South Kirkby, West Yorkshire will provide a selection of facilities to recycle, treat waste and generate sustainable power in the Wakefield District. For processing black bag waste a facility combining mechanical treatment, innovative autoclave technology and anerobic digestion technologies will help to minimise waste to landfill.
Overall the facilities will process on average approximately 200,000 tonnes per annum of municipal solid waste helping to increase the local authority's recycling rate to at least 52%.
GIB will provide up to £30.4m of senior debt to the project on commercial terms alongside a banking syndicate of leading international banks; BayernLB, Sumitomo Mitsui Banking Corporation, and Barclays Bank which together are providing a total of £121.7m.
Lord Smith of Kelvin
Chair of the UK Green Investment Bank
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