Background

The Project consists of the design, construction, financing, operation and maintenance through a 28-year concession of a Waste to Energy (“WtE”) and Peak Load Boiler House in Olsztyn, Poland.

Olsztyn, capital of the Warmian-Masurian region, in north-eastern Poland (270,000 inhabitants) has developed through its public company “MPEC ” a district heating system to serve its inhabitants. The Project will guarantee the heat supply to the city after the coal-fired Michelin Polska plant located in the area ceases supplying heat to the district heating network in early 2022. Furthermore, Poland is under pressure to comply with the EU waste treatment regulations and this WtE plant will handle 100,000 tons of municipal waste per annum, diverted from landfills.

The Project will deliver the energy recovered from waste in the form of (i) heat to the Municipal District Heating System and (ii) electric energy to the power network.

Stage:

Under Construction

ESG/SDG Key Facts

The project will provide heat to approximately 30% of the city population in replacement of the previous coal-fired heating plant. The plant is expected to reduce CO2 emissions by 74% compared to the current situation.

SDG 7 (Affordable and clean energy)

The Project has obtained several management systems and certifications such as ISO 9001,
14001, 45001 and 50001.

SDG 9 (Industry, Innovation and Infrastructure)

The Project will replace an existing coal-fired capacity plant bringing a sustainable
energy source to the Olsztyn population.

SDG 12 (Responsible Consumption and Production) and SDG 13 (Climate Action)

The Project meets the EU waste hierarchy by significantly reducing reliance on landfills (final disposal) and obtaining value from non-recyclable waste streams through recovery of electricity and heat (high efficiency plant).

SDG 11 (Sustainable Cities and Communities)

The Project will contribute to the reduction of 150,000t CO2e per year.