New company lands deal as part of £750m Wakefield PFI project

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BioWatt was set up to specialise in design and build projects.

AN enclosed composting facility is to be built as part of a £750m PFI project.
BioWatt Engineering, which specialises in the design and build of organic treatment facilities, secured the contract from Shanks Waste Management Ltd. The composting plant will process green waste as part of the scheme for Wakefield Council.
The plant is due to be completed in 2015 and will have the capacity to handle 25,000 tonnes a year of green waste from the council’s collections and household waste recycling sites. It will produce a range of composted products.
BioWatt CEO James Lloyd said: “This gives BioWatt the opportunity to demonstrate our environmental engineering capabilities with what is a uniquely designed plant and process.
“The contract represents an important milestone for BioWatt Engineering as our first design and build contract, just four months after the company’s formal incorporation. This will cement our position as a leading supplier of complex integrated engineering projects in the AD and composting sector. We are confident that the next few months will be equally rewarding as a number of projects are nearing the latter stages of development.”
The contract follows a framework agreement announced in December to provide Agri.capital Sarl, one of Europe’s largest biogas developers, with an immediate presence in the UK, investment and acquisition opportunities, and to represent the company’s interests in the anaerobic digestion and biogas fields.
The deal is projected to bring £500m of inward investment to the biogas/renewables sector over the next five years.
BioWatt Engineering is part of the BioWatt Group of companies, founded to be a developer and integrator of the various technologies appropriate to processing organic waste and other material to produce renewable energy and a benign and stable residue. Founders are, James Spreull, James Lloyd and Iain Steel (development director), previously CEO of BP Ventures. Investment banker Michael Roberts is chairman and Sir Nigel Burney is a non-executive director and investor. The company is based in London.

Image – BioWatt was set up to specialise in design and build projects.

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