Infrastructure and construction firm Balfour Beatty has said it is to increase its involvement in the waste sector.
The firm has announced a £34m contract to build an MBT facility in Yorkshire for Shanks Waste Management in partnership with Barnsley, Doncaster and Rotherham councils. The plant will treat up to 265,000 tonnes of household and commercial waste for recycling energy recovery.
Balfour Beatty also announced financial close on the £800m Essex Waste Partnership’s residual waste treatment PPP contract.
The 30:70 joint venture with Urbaser is a 28-year contract to build and operate a waste treatment facility for Essex County Council and Southend-on-Sea Borough Council.
Balfour Beatty said it will be involved in design and construction, and will invest 30% of the equity - approximately £7m.
Chief executive, Ian Tyler, said: “These two projects, combined with our recent preferred bidder status for the Gloucestershire Residual Waste Project, strengthen our position in the growing waste sector in the UK.
“They demonstrate the flexibility of our investment business model as well as our ability to harness the skills within the Group to take advantage of opportunities in growth sectors.”