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Global Renewables PFI contract closure expected this year

Global Renewables confirmed that full financial closure of its 25-year PFI contract with the Lancashire Waste Partnership was expected by the end of the year. The £2 billion deal will see Global Renewables design, install and operate an integrated network of waste management facilities for the sorting, recycling, mechanical and biological treatment and composting of household waste, with a processing capacity of about 600,000 tonnes a year. A subsidiary ...