Meridiam signs the Public Private Partnership contract of a major waste to energy project in Poland

Located in north-eastern Poland, the plant will help on the management of solid municipal waste and serve the electricity and heat needs of the 270,000 inhabitants of the city.

The new Plant is essential for the city of Olsztyn in order to ensure the continued supply of heat in its district heating system, in replacement of existing coal-fired facilities. It also directly contributes to:

• Pollution reduction in Poland as it will avoid emissions of c. 100,000 tons of CO2 per year.
• United Nations Sustainable Development Goals as especially providing clean energy, sustainable and resilient infrastructure and fighting against climate change
• European policy aiming at reducing the share of landfills as waste management tools and increasing the recovery of energy from waste. It will be a critical contribution of Poland to these EU objectives and will benefit from European subsidies to complete its financing.
• Economic and jobs development, as it is expected to create more than 500 new jobs during the construction phase and 30 during the management phase.

Meridiam, which holds 80% of the project, has partnered with Urbaser (20%), a world leader in environmental management (urban services, waste and water treatment). This waste to energy project is the second Meridiam and Urbaser have developed together. Located, in the Spanish Basque country, the Zubieta project came into operation this fall.