Contract Wins: AbTech, Plasco, KKR & Suez, Covanta & Clean Energy
SFW and CDC Climat have teamed up to deliver their respective climate change services to clients. Under the deal CDC Climat will offer investment, consulting and research and SFW will offer IT products and services. The deal is based around SFW’s purchase of the intellectual property rights of the Global Carbon Portfolio, Registry Electronic Interface and Voluntary Carbon Standard Registry software from CDC Climat. In addition, both parties have agreed that they will work together on, and jointly offer, the Seringas national registry software: CDC Climat will continue to offer Seringas as part of its full range of advisory services to governments, with SFW delivering the technical advisory services and maintenance of the tool itself.
Private equity firm KKR and Suez Environmental have signed a deal to run water and wastewater services for the city of Bayonne, N.J. Under the contract the companies will pay the city $150 million for the rights to a 40-year concession that allows them to collect revenues from water and wastewater but also requires them to invest $157 million in water infrastructure upgrades over the term of the contract, Reuters reports. The companies hope that this could become a model for other municipalities.
The City of Monrovia, California has signed a letter of intent with environmental technologies firm AbTech for a stormwater public-private partnership. The agreement calls for AbTech to assess the city’s facilities and regulatory requirements as the city aims to meet new stormwater requirements set by the Los Angeles Regional Water Quality Control Board.
Plasco Energy Group Inc. announced that it will build a waste conversion facility in Ottawa. The announcement comes after the City of Ottawa announced on December 14 that it signed agreements with Plasco. The plant’s effective throughput will be 130,000 metric tons per year. Under the contract Ottawa will supply 109,500 tonnes per year of its municipal solid waste and has a right of first refusal to supply the balance of plant capacity.
Waste-to-energy firm Covanta Energy Corporation and Clean Energy Fuels Corp. have agreed to co-develop compressed natural gas stations at select Covanta facilities throughout the US. Covanta Energy operates over 40 facilities that convert everyday trash into energy and an additional 13 solid waste transfer stations. The two companies will work together to identify Covanta sites on which to construct CNG stations. Each station will provide compressed natural gas for a minimum of 30 refuse trucks a day and, depending on the location, will be accessible to the public for CNG fueling.
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