Ebioss Energy announced that signed a deal with Energy China and UK-based Catfoss to build two waste-to-energy plants in the UK worth 146 million British pounds (170 million euro) in total. One plant, which will be located in Newcastle, will have 12 MWe capacity and will be able to process 72,000 tonnes of waste annually. The investment in it is estimated at 53 million pounds. The other one, in Hull, will have 20 MWe capacity and will be able to process 120,000 tonnes of waste annually, as the investment is expected to add up to some 93 million pounds. Of the total investment in both plants, 25% is equity financing and 75% is project financing provided by a financial entity designated by Energy China. Of the total equity in each project, 51% will be provided by Chinese investors, as 20% will come from Energy China and 31% from a Chinese financial investor, a further 20% will be provided by the project developer, and 29% by Ebioss or an investor designated by Ebioss.