FCC Group and Icon Infrastructure Partners (ICON), have reached an agreement for the latter to acquire 49% of the capital of FCC's new subsidiary, Green Recovery Projects Limited (GRP), for a deal worth GBP198 million (US$259.09 million).
FCC Servicios Medio Ambiente Holding will retain control over the new subsidiary and its full consolidation, in addition to 50% of the shareholding in the Mercia incinerator and 40% in the Lostock incinerator.
GRP owns the energy from Waste (EfW) plants located in Kent, Nottinghamshire, Buckinghamshire, Edinburgh, and Lincolnshire.
The conclusion of the agreement is subject to the corresponding regulatory approvals.
South Tees Development Corporation (STDC), a government-owned corporation of UK, has launched a request for qualification (RFQ) tender for 50:50 joint-venture development of a high-voltage direct curr...
Read moreThe UK Government has denied the extension of the planning consent for the Swansea Bay Tidal Lagoon project on the southern coast of Wales. The Swansea Council has written to the project developer,&n...
Read moreWheelabrator Kemsley, a new waste-to-energy facility at Kemsley in Kent, England, enters full commercial operation following a commissioning phase throughout early 2020. The combined heat and power f...
Read moreScottishPower Renewables and the Green Investment Group (GIG) have fully commissioned the 714 MW East Anglia One offshore wind farm in UK waters.
Read moreHartlepool Borough Council in the UK has launched a tender for the design, build, financing, commissioning, testing and operation of an energy recovery facility (ERF) project. The estimated value...
Read more