84 / 94
FCC
to manage waste in
Edinburgh
and
Midlothian
(Scotland)
under a 511 million
euro contract
The project includes designing,
financing and building a recycling
plant and an energy-from-waste
facility in Millerhill (Midlothian),
south of Edinburgh. The 25-year
contract runs from the facility start
up, around Spring of 2019.
FCC Medio Ambiente, through its sub-
sidiary FCC Environment UK, has been
awarded the Zero Waste: Edinburgh
and Midlothian contract under which the
company will manage and process up to
155,000 tons per year of residual waste
from the City of Edinburgh Council and
Midlothian Council. The contract repre-
sents a backlog of approximately 511 mi-
llion euro (£450 million). Funds invested
ascend to 161 million euro (£142.1 million),
financed by the provision of equity by FCC
and external off balance sheet debt. FCC
will design, finance, build and operate a
new recycling and energy-from-waste
plant in Millerhill (Midlothian), on the outs-