News > Balfour Beatty secures MBT contract
6th June 2012
Balfour Beatty has been awarded a £34m buildings and infrastructure contract for a new UK Mechanical Biological Treatment (MBT) Centre in Yorkshire.
The firm has also reached financial close on its £800m Essex Waste Partnership's residual waste treatment contract, alongside joint-venture partner Urbaser.
Balfour Beatty Chief Executive, Ian Tyler, said: "These two projects, combined with our recent preferred bidder status for the Gloucestershire Residual Waste Project, strengthen our position in the growing waste sector in the UK.
"They demonstrate the flexibility of our investment business model as well as our ability to harness the skills within the group to take advantage of opportunities in growth sectors."
The project for Essex County Council and Southend-on-Sea council is a 28-year Public Private Partnership (PPP) contract to design, build and operate a new sustainable waste treatment facility. Balfour holds a 30% share of the deal and construction is due to commence in early 2013.
The MBT facility project in Yorkshire is for Shanks Waste Management Limited in partnership with Barnsley, Doncaster and Rotherham councils. Once operational the facility will treat up to 265,000 tonnes of household and commercial waste each year for conversion into energy.