SUEZ emerging as a key player in Australian Energy-From-Waste sector
Mark Venhoek, SUEZ Australia & New Zealand CEO, said the project demonstrates SUEZ’s commitment to develop EfW in Australia while growing a global portfolio of 55 EfW facilities.
“The project is SUEZ’s first Energy-from-Waste development in Australia and we are very pleased to become a partner in this landmark transaction. Energy-from-Waste is currently the missing link in Australia’s waste management hierarchy and will play a key role as we move towards a circular economy. The project will significantly accelerate the improvement of waste treatment practices in the Perth region as well as reducing their environmental footprint.”
SUEZ’s role in the consortium extends across multiple aspects of the project, combining SUEZ’s international EfW experience with its market-leading network of assets and infrastructure in Metropolitan Perth:
- Waste Supply – SUEZ will supply post-recycling residuals that would otherwise go to landfill.
- Operations & Maintenance – SUEZ will lead the delivery of operations and maintenance services for a 20-year term in partnership with Hitachi Zosen Inova (HZI).
- Disposal Services – SUEZ will provide best-practice disposal services for fly ash residue and non-processible waste at its North Bannister Resource Recovery Facility.
- Power Offtake – SUEZ will purchase reliable renewable electricity generated by the project for its operational requirements across its business in the Perth area.
The announcement is a significant milestone in the development of EfW in Australia with financing of the [$511m] project supported by an $18m grant from ARENA and [$57.5m] subordinated debt from the CEFC, alongside a mix of Australian and International lenders. Equity investors include John Laing, HZI and ACCIONA.
The new facility, to be located in the Rockingham Industry Zone 40 kilometres south of Perth, will treat approximately 300,000 tonnes per year of residual waste from municipal, commercial and industrial sources. The EfW facility will generate approximately [29MW] of reliable renewable energy, enough to power over [36,000] homes.
The start of construction activities is planned to take place at the beginning of 2020, with the plant expected to be in full operation by the end of 2022.