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Staffordshire wins PFI credits worth £122.4m

Staffordshire County Council will soon invite bids for a waste project backed by £122.4m in private finance initiative (PFI) credits. The council won the credits with a plan to divert up to 213,000 tonnes of biodegradable municipal waste from landfill. Recycling and composting targets of 55%, 5% above the national average, by 2020 are also part of its plans. Combined heat and power (CHP) is one option being considered.Waste Minister Joan Ruddock said: PFI agreements ...