Waste Management Sells Waste-to-Energy Unit for $1.94 Billion
Wheelabrator Technologies (WTI) owns or operates 17 waste-to-energy facilities and four independent power-producing plants in the US that process more than 7.5 million tons of waste and have a combined electric generating capacity of 853 megawatts. WTI also owns four ash monofill landfills, three transfer stations and an ongoing development and construction project in the UK.
As part of the sale, Waste Management will enter into a long-term agreement to supply waste to certain WTI facilities.
Waste Management generates the equivalent of 9.8 GW of power through waste-to-energy projects and harvesting landfill gasses. In contrast, the US’ entire solar industry generates around 10 GW of power
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Tesla Becoming a Major Player in the Energy Storage Market
- Federal Agencies Must Use eProject Builder for All ESPC Projects
- Refrigeration Battery Works as Energy Storage
- 400 kW Fuel Cell System Powers Comcast Facility
- City Picks UtilityTRX for Utility Bill Management
- FridgeWize Unveils HVAC EC Motors
- Aztec AMC Modular HVAC system Reduces Data Center Cooling Costs
- Verismic Does Remote PC Power Management