Veolia to build and operate first waste to energy facilities in Mexico, LA
Veolia announced that it has signed the contract to Design, Build, and Operate the first Waste to Energy facility in Latin America. With a capacity twice that of the largest facility in France. The 30 year operation and maintenance contract of this facility will represent an estimated cumulative revenue of 886 million euros for Veolia. The plant’s construction is due to begin in 2017 and is expected to be operation till 2020.
Jointly with leading global and Mexican companies Veolia will treat 1.6 million tonnes of household waste per year, twice that of the largest facility in France, and will produce 965 GWh of electricity per year to power the Mexico City Metro.
This new waste to energy facility will provide an efficient alternative for treating the waste from this city of 10 million people. Each day, it will convert about one-third of the city’s household waste into green energy. The 965,000 MWh of electricity produced each year by the plant will be used directly by the Mexico City Subway Metro.
Veolia’s LA Executive VP, Gustavo Migues said that Waste can become a valuable resource. Mexico will favour the treatment of waste and the production of renewable energy. With this major project, we will contribute to improving the quality of life of the citizens of Mexico City and their essential services while also helping fight climate change.
Image Source: Veolia