ÅF and Pöyry to join forces as part of new merger

It has been revealed today that two of Europe’s most influential engineering and consultancy companies are to be merged as ÅF seeks to purchase Finnish company Pöyry for €611 million.

Following a unanimous decision from the Pöyry board, ÅF will be launching a cash tender offer for the entire share capital which will result in the formation of a combined company. It will be known as ÅF-Pöyry and be divided into five divisions: infrastructure, energy, process industries, industrial and digital solutions, and management and consulting.

Jonas Gustavsson, President and CEO of ÅF, said:

“Pöyry and ÅF are two of the leading engineering and consulting companies in Europe. By joining forces, we create a strong platform for international growth. We will enable clients to grow by offering our joint and leading expertise within, for example, industrial digitalization, smart cities and future energy solutions. With our larger scale, more resources and our engaged and talented people, we will improve our ability to take on even larger and more complex assignments, meeting our clients’ needs for advanced sustainable solutions for the future generations.”

Martin à Porta, President and CEO of Pöyry, believes that the merger will form “a new Nordic knowledge giant” and that they have the “the ambition, energy and ideas to take things to the next level”.

The completion of the deal is subject to certain conditions, but the Directed Share Issue is expected to be completed during the first quarter of 2019.

Individually, both companies are largely involved in the waste, bioenergy and recycling sectors. Together, it is hoped that they will become a strong competitive player in the European market, with their long heritage in cutting-edge engineering and advisory, and ultimately contribute to sustainable societies.

Currently, AcuComm has 4 ÅF projects in our database, including 22 contacts. We also cover 25 Pöyry projects with 144 contacts.

Image: SabinaKraupp [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons.

Global Waste Investment Fact File: Hungary

The next edition of our Global Waste Investment Fact File focuses on Hungary, where we look into 19 waste projects in the country. These have a total value of US$749 million.

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Key points from this Fact File

  • Incineration (with energy recovery) is the leading project type, accounting for US$395 million or 53% of the total. This is followed by biofuel which accounts for US$215 million or 29% of the total.
  • The total estimated capacity of these projects is 4.8 million tonnes. This is equal to 252,614 tonnes per project on average and 129% of Hungary’s estimated annual waste generation.
  • Waste investments totalling US$296 million are expected to become operational over the next few years. This is currently expected to peak in 2020 at US$215 million.
hungary-graph
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See the full list of waste projects in Hungary covered by AcuComm.

AcuComm’s Daily Full Access Project – France Biogas Plant

Development of a biogas plant

TRIFYL is developing a new biogas plant at its site in Labessière-Candeil that will process up to 121,000 tonnes of waste each year. The facility will work using three streams: residual waste; solid, bulky waste; biowaste (households and commercial).

Continue reading AcuComm’s Daily Full Access Project – France Biogas Plant

Global Waste Investment Fact File: India

In the India edition of our Global Waste Investment Fact File, we cover 189 waste projects that are currently active across the country. These projects have a total value of US$9,886 million and US$52 million on average.

india-map

Key points from this Fact File

  • Incineration (with energy recovery) is the leading project type, accounting for US$3,755 million or 38% of the total. This is followed by waste processing, accounting for US$2,175 million or 22% of the total.
  • The total estimated capacity of these projects is 42.2 million tonnes. This is equal to 223,019 tonnes per project on average and 12% of India’s estimated annual waste generation.
  • Waste investments totalling US$7,118 million are expected to become operational over the next few years. This is currently expected to peak in 2021 at US$2,761 million.
india-graph
Download this Fact File.

Explore the full list of projects in India.

AcuComm’s Daily Full Access Project – Turkey Biomass Plant

Construction of a 27 MW biomass plant

Oltan Köleoglu Enerji and Mimsan Grup are undertaking the development of a biomass power plant in Afyon, which will use agricultural and forestry waste as feedstock.

Continue reading AcuComm’s Daily Full Access Project – Turkey Biomass Plant

AcuComm’s Daily Full Access Project – Finland AD Plant

Construction of a sewage sludge treatment facility

A new timeline for the development of the Blominmäki wastewater treatment plant in Espoo has been outlined, with the plant scheduled to begin operations in late 2021/early 2022.

Continue reading AcuComm’s Daily Full Access Project – Finland AD Plant

AcuComm’s Daily Full Access Project – Japan Biomass Plant

Development of a 75 MW biomass plant

Kanda Biomass Energy has reached financial close for its planned 75 MW biomass plant in Kanda, Fukuoka Prefecture. The facility, which will use forestry thinnings, wood pellets and palm kernel shells as feedstock, will produce around 500 million kWh of electricity each year.

Continue reading AcuComm’s Daily Full Access Project – Japan Biomass Plant

AcuComm’s Daily Full Access Project – Spain MBT Centre

Development of a mechanical biological treatment centre

Back in April, the Mancomunidad of the Pamplona Region revealed that it is planning to construct a waste treatment centre for the management of organic fractions and residual waste. 18 locations have so far been studied, with 7 being considered appropriate to be the site for the new facilities.

Continue reading AcuComm’s Daily Full Access Project – Spain MBT Centre

Global Waste Investment Fact File: Argentina

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AcuComm’s Chief Data Analyst, Andy Crofts, gives us a round-up of this week’s chosen country focus for the Global Waste Investment Fact File.

Next up in our 2018 series of Global Waste Investment Fact Files is the Argentina edition. As of February 2018, AcuComm was listing 19 waste projects in Argentina. These have a total value of US$741 million or US$39 million each.

Continue reading Global Waste Investment Fact File: Argentina

AcuComm’s Daily Full Access Project – France Biogas Plant

Construction of a biomethane production and injection plant

Earlier this month, it was announced that Service d’assainissement Marseille Metropole (SERAMM) had begun construction of a biomethane production and injection plant in Marseille.

Continue reading AcuComm’s Daily Full Access Project – France Biogas Plant