We are FCC - Nº15

The Greatmoor Energy from Waste Plant in North Buckinghamshire, UK, serves over 40,000 local households. 190,000 tonnes of residual waste are generated each year by the Lincolnshire (UK) hatchery. The entry of investment group iCON in the FCC Group’s environmental services area enhances its leadership position in the United Kingdom environment FCC and the investment group, Icon Infrastructure Partners (iCON), have reached an agree- ment for the latter to acquire 49% of the capital of FCC’s new sub- sidiary, Green Recovery Projects Limited (GRP). The deal for the stake in the head and owner of five Energy from Waste plants un - der FCC’s Environment division in the United Kingdom is worth 198 million pounds, giving the com- pany a value, when taken as a whole including its debt, of 650 million pounds. The conclusion of the agreement is subject to the co- rresponding regulatory approvals. The head of this area of activity, FCC Servicios Medio Ambiente Holding, will retain control over the new subsidiary and its full consolidation, in addition to 50% of the shareholding in the Mercia incinerator and 40% in the Los- tock incinerator. The Energy from Waste (“EfW”) plants are located in Kent, Not- tinghamshire, Buckinghamshire, Edinburgh and Lincolnshire. The inclusion of ICON in GRP will help FCC to enhance its leaders- hip position in the waste recovery sector in the United Kingdom and the development of new treatment plants, which are essential in suc- ceeding in the ecological transi- tion and enhancing the circular economy. B U S I N E S S 12 B U S I N E S S