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Biffa acquires SRF pellet plant

Biffa acquires SRF pellet plant
Solid recovered fuel (SRF) pellets.

In the UK, Biffa plc, a leading sustainable waste management company, has announced that it has strengthened its Resources & Energy capability following the acquisition of a business that transforms residual waste into fuel.

Biffa has acquired the entire share capital of Eco-Power Green Energy Ltd, a subsidiary of Eco-Power Environmental Ltd, along with a dormant plant in Hull and seven new members of staff.

The value of the transaction has not been disclosed.

The plant in Hull can produce more than 100,000 tonnes of solid recovered fuel (SRF) pellets each year from non-recyclable household waste.

SRF pellets are a high-quality, sustainable, alternative to fossil fuel used primarily by the cement industry. Biffa will recommission the plant over the next few months.

We are delighted to finally complete the sale. The acquisition of the business is a testament to the vision, hard work, and commitment of the Eco-Power team for the past seven years. We believe that Biffa has all the necessary expertise and resources to take the business on to the next level and we wish them every success in doing so, said Louis Calders, Commercial Director of Eco-Power Group.

Biffa’s Resources & Energy Division also transforms non-recyclable waste into renewable electricity for the grid and organic compost for agriculture.

The recommissioning of the pellet facility allows us to further diversify our capability to divert more difficult-to-deal-with wastes away from landfill and help reduce customers’ carbon footprint.  It’s an exciting opportunity for us to develop our expertise in the alternative fuels market and could potentially be a stepping stone to a broader strategy in this space, said Mick Davis, Chief Operating Officer, Resources & Energy at Biffa.

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