Sembcorp unveils plans for first ever energy-from-waste facility

Overall investment is estimated at S$473.5m.

According to DBS, Sembcorp announced that it will be developing a new energy-from-waste facility in its UK industrial site in Teeside.

This facility is Sembcorp’s first energy-from-waste facility outside Singapore, and will be capable of producing up to 49MW of gross power or 190 tonnes per hour of steam, using up to 450k tonnes of municipal and commercial waste per year.

The new facility will be developed via a 40:40:20 joint venture among Sembcorp, SITA UK (part of SUEZ ENVIRONMENT) and ITOCHU Corporation.

Here's more from DBS:

Besides the energy-from-waste facility, the JV will also develop a waste transfer station in Knowsley, Merseyside, to transport the waste by rail from Merseyside to the energy-from-waste plant in Teesside.

Both facilities are expected to be operational in 2016, and will be developed under a build, own, operate and transfer arrangement with the Merseyside Recycling and Waste Authority for a period of 30 years.

The total investment for both the energy-from-waste facility and waste transfer station amounts to approximately £250m (c.S$473.5m), which will be funded through a long-term non-recourse project finance loan, an equity bridge loan, shareholder loans and equity.

Financial close of the project is expected in the second half of 2013 or early 2014. Sembcorp’s equity investment for this project is £21.9m (c. S$41.5m). This will be internally funded.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia