OREANDA-NEWS. January 14, 2014. SITA UK and its consortium partners have signed a 30-year PPP contract with the Merseyside Waste Disposal Authority (MWDA) to convert household waste into energy.

SITA UK, a recycling and resource management subsidiary of SUEZ ENVIRONNEMENT, along with its consortium partners Sembcorp Utilities UK and the ITOCHU Corporation, was announced as preferred bidder for the contract in April 2013. SITA Sembcorp UK will finance, build and operate a new infrastructure to manage over 430,000 tonnes of household residual waste each year, by turning it into enough electrical energy to power the equivalent of around 63,000 homes.

Over its duration, the contract is worth approximately EUR 1.4 billion in municipal revenue and just over EUR 2 billion in total revenue - which includes the management of third party waste and the sale of electricity to the National Grid.

SITA Sembcorp UK will spend over EUR 295 million on new infrastructure to service the contract, which includes a new rail - linked transfer station in Knowsley and a new energy – from - waste facility in Teesside.

The new infrastructure is expected to create 75 permanent jobs, and hundreds of people will be employed during construction.