Balfour Beatty has been awarded a £34 million contract to construct buildings and infrastructure as part of a new UK Mechanical Biological Treatment facility in Yorkshire.
The MBT facility project in Yorkshire is for Shanks Waste Management in partnership with Barnsley, Doncaster and Rotherham councils.
The facility will treat up to 265,000 tonnes of household and commercial waste each year which, when converted into energy will result in a saving of 114,000 tonnes of CO2.
The contractor has also reached financial close for the £800m Essex Waste Partnership’s residual waste treatment contract alongside its joint venture partner, Urbaser.
Balfour Beatty chief executive, Ian Tyler said: “These two projects, combined with our recent preferred bidder status for the Gloucestershire Residual Waste Project, strengthen our position in the growing waste sector in the UK.
“They demonstrate the flexibility of our investment business model as well as our ability to harness the skills within the group to take advantage of opportunities in growth sectors.”
Balfour Beatty will be involved in the design and construction of the facility and will invest 30 per cent of the required equity, approximately £7m in the project.
Subject to gaining planning permission and a permit to operate the facility, construction is due to commence in early 2013.