Waste to Energy International OÜ performed a three-days session with its long-term financial partner from the United Kingdom. During the meetings passed in a very constructive manner a number of projects were defined to start in different parts of the world.
Parties have signed 3 agreements, launching investment processes in Ukraine and USA. Names and exact locations cannot be disclosed right now and will be highlighted in our Company News upon establishing the local project ventures. Total investment value of these waste-to-energy projects is over €250 mio.
Additionally, a number of projects shown on the Ready to Finance page were discussed; every one covered was accepted as feasible and agreed for implementation. Roadmap was formed and milestones were set, so signing of the investment agreements could happen in the very near future.
Special focus was received by a big project in the Middle East for construction a waste-to-energy facility. It was decided to form the consortium between Waste to Energy International OÜ, financial partner, local waste management company and world-leading technological provider. Full size project financing will be baked by the financial partner; Waste to Energy International OÜ will be responsible for feasibility study, financial modelling, technical and technological development.
Calm and attractive atmosphere of Baltic states, rich history and dynamic city development became the memorable background of the meetings.
Reaching new horizons and establishing long-term relationships with financial structures, technology providers and EPC contractors is the constant target which Waste to Energy International follows in the business activity.