Ferrovial Services, through its subsidiary AmeyCespa, has landed a contract to design and build a waste treatment plant in Milton Keynes, UK, and to manage it for 15 years. The energy-from-waste plant will produce enough electricity to supply 11,000 households.
AmeyCespa, a 50:50 joint venture of Ferrovial Services subsidiaries Amey and Cespa, has been selected by the council of Milton Keynes (a city of 200,000 people, northwest of London) to design, build and operate a new waste treatment plant. AmeyCespa will manage the facility for 15 years once it becomes operational, which is expected in 2016.
During the life cycle of the plant, its advanced technology will allow for a 95% reduction in landfill use, an increase in recycling, and GBP50 million in savings in waste management costs by the local authorities. The energy-from-waste plant will produce enough electricity to supply 11,000 households.
Santiago Olivares, CEO of Ferrovial Services: "This contract strengthens our waste management model in the UK by offering an integral solution to a growing urban area. Without doubt, this project will be a benchmark for innovation, sustainability and efficiency, not only because of its process and technology, but also because of its financing structure".
The facility will deal with household black sack waste, the rubbish thats left over after recycling, as well as waste from local companies and businesses. The plant will combine three treatment technologies: mechanical, anaerobic (decomposition of organic matter using micro-organisms) and thermal, which will transform each type of waste into a recyclable product, compost or energy.
AmeyCespa, which was created in 2007, capitalises on Amey's experience in the UK services sector and on Cespa's extensive expertise in waste management. In June 2010, it was awarded a contract to process and dispose of waste in York (North Yorkshire, England). Also in 2010, it successfully completed the acquisition of Donarbon, a family-owned company with waste treatment operations in eastern England which has the waste collection concession for Cambridgeshire.
About Ferrovial
Ferrovial, one of the world's largest infrastructure and city operators, is committed to developing sustainable solutions. The company has 70,000 employees and operates in over 15 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. Ferrovial is part of Spain's blue-chip IBEX-35 index and also of the prestigious Dow Jones Sustainability Index, FTSE4Good and Ethibel indices. Ferrovial manages 407 Express Toll Route in Toronto, London's Heathrow Airport, Chicago Skyway and Ausol toll road in Spain, among others. It also provides municipal services in many cities and towns in Spain and the United Kingdom.
