A Swiss greentech player has acquired the operators of the Poolbeg incinerator. Zürich-headquartered and Japanese-owned Kanadevia Inova has acquired the company responsible for the operations and maintenance of the Dublin Waste to Energy plant at Poolbeg. No financial terms have been disclosed. The deal sees the Swiss company acquire Encyclis Ireland Operations Ltd and its 38-year contract to run the plant. The deal still awaits regulatory and stakeholder approval, which is expected mid-year. The Poolbeg site, in operation since 2017, incinerates about 600,000 tonnes of waste every year, converting it to energy for about 115,000 homes. Kanadevia Inova said it…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .