Located in Sharjah, this facility is the flagship project of the Emirates Waste to Energy Company, the joint-venture between Masdar and Bee'ah that has secured financing commitments from Abu Dhabi Fund for Development (ADFD), Abu Dhabi Commercial Bank (ADCB), Siemens Financial Services, and Sumitomo Mitsui Banking Corporation (SMBC).

Both agreements have been announced during the Abu Dhabi Sustainability Week that took place from January 13 to 20, 2018.

The Sharjah waste-to-energy plant is due for completion by 2020, helping to achieve the UAE's aim of diverting 75% of its municipal solid waste from landfill by 2021.

The plant will treat more than 300,000 tonnes of municipal solid waste each year, or 37.5 tonnes of solid waste per hour. It will also have the capacity to generate approximately 30 megawatts of energy.

The plant has been designed to meet the strictest environmental standards, complying with the European Union's Best Available Techniques, widely recognised as the global standard.

About Bee'ah
Bee'ah, the Middle East's fastest-growing environmental management company, was founded in 2007, with the objective of creating a sustainable future, through creative and resourceful solutions. Since its inception, Bee'ah has pushed the boundaries of environmental innovation and crossed remarkable milestones, to become a force for change, across the region. The uniqueness of its approach and consistent drive towards excellence has helped the company to make rapid progress towards its goal of elevating Sharjah, to the position of Environmental Capital of the Middle East. Through revolutionary environmental management practices, systematic waste management, sustainability strategies for key resources and utilisation of renewable energy sources, as well as community engagement initiatives, Bee'ah seeks to set a benchmark for sustainability, for cities and communities everywhere.

About Masdar
Masdar is Abu Dhabi's renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today's fossil fuel economy and the energy economy of the future. Wholly owned by the Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, Masdar is dedicated to the United Arab Emirates' long-term vision for the future of energy and water.

CNIM - Constructions Industrielles de la Méditerranée SA published this content on 30 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2018 11:19:03 UTC.

Original documenthttps://cnim.com/en/medias/masdar-and-beeah-have-finalised-cnim-design-build-and-operate-agreement-first-waste-energy

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