Gipuzkoa awards waste-to-energy PPP project

The government of Guipuzkoa, Basque country (Spain), has awarded the Zubieta waste-to-energy plant PPP project to the Urbaser-Meridiam consortium. 

The assembly of the Waste Consortium of Gipuzkoa has approved the decision with 87% of the votes.

In mid December the Urbaser-Meridiam consortium already emerged as the frontrunner for the Zubieta waste-to-energy plant PPP submitting the lowest bid for the project.

The winning team will be responsible for the construction, finance, operation and maintenance of a waste to energy plant with capacity to treat approximately 200,000 tones per year. In addition, the consortium in charge of the concession will have rights on the revenues for the power generated, which is expected to be 160.000 MWh per year.

The concession contract will have a duration of 32.5 years. The total project investment is estimated at €217.6 million (US$243 million). 

In early November we informed that three consortia submitted bids for the Zubieta waste-to-energy plant. The selected consortia were formed by international companies and local firms, including: 

• Valoriza Servicios Medioambientales S.A. and Valoriza Gestión. S.A. (subsidiaries of Sacyr Group) and Construcciones y Promociones Balzola, S.A.
• Urbaser S.A., Meridiam Investments SAS, Altuna y Uria S.A, Construcciones Moyua S.L, Construcciones Murias S.A. and LKS Ingeniería S.COOP;
• Fomento Construcciones y Contratas (FCC) with Sartech Engineering, part of Sarralle Group.