Ciech and Budimex signed a letter of intent to build a 120 MWth waste incineration plant in the city of Inowroclaw. Ciech's Inowroclaw plant would take ca. 850 GWh in heat annually from the facility.

Construction would start in 2024 and be completed in 2026. Construction is subject to a number of conditions, including obtaining an environmental permit and a construction permit. The plant would be fueled with a stream of waste of 310 kt annually, to be supplied by Budimex unit FBSerwis.

The deal should have a positive impact on results of both FBSerwis and Budimex. Budimex will seek to be a general contractor for the plant.