Dive summary:
- Plasco Energy Group Inc. has announced that it will build a Waste Conversion Facility in Ottawa, Ontario, Canada with an annual capacity of 165,347 tons.
- The City of Ottawa has signed an agreement with Plasco to supply 120,703 tons of municipal waste to the plant every year.
- The City estimates that the deal will extend the life of Ottawa's landfill by at least 28 years, saving the city $250 million in future landfill costs.
From the article:
The City of Ottawa has signed a 20-year agreement with local technology firm Plasco Energy Group to convert residential garbage into energy, giving the company a foothold for growing its business with additional customers.
The two sides first entered into an agreement in December 2011 when council directed staff to begin negotiations with the company. City councillors and company officials repeatedly missed deadlines they said they were going to reach in the year that followed. ...