The PPP-contract involves design, build, finance and operation. Skanska will announce its investment in the project at financial close, which is expected to be reached later this year. The client for the project is the Bradford and Calderdale Waste Partnership, which includes the City of Bradford Metropolitan District Council in partnership with Calderdale Metropolitan Borough Council.
Following financial close, Skanska’s share of the construction contract will be included in order bookings. After planning permission is achieved construction of the new facility will then begin under a three-year programe, valued at around GBP 170 million, about SEK 1.8 billion. This will be undertaken by a 50/50 engineering, procurement and construction joint venture between Skanska UK and AECOM.
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Once the new facility is completed, Waste Recycling Group (WRG), who are part of the international environmental services, infrastructure and energy business, FCC, will undertake the operation of the facility for a period of 25-years.
The waste Treatment facility in Bradford, known as a Resource Recovery Facility, will accept and process all of Bradford and Calderdale’s residual waste and recyclable materials such as metals, plastics, paper, card and aggregates. The remaining waste will then be thermally treated in the Energy Recovery Plant producing electricity that is to be fed to the National Grid.
(CD/GK)
