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Suez Environnement unit wins U.K. waste contract

Reuters - UK Focus

PARIS, Nov 28 (Reuters) - SITA UK, a subsidiary of French water and waste group Suez Environnement, said on Thursday it signed a 900 million-euro ($1.22 billion) deal with the West London Waste Authority to recover energy from residual waste over the next 25 years.

Sita UK was part of a consortium which also includes Scottish Widows Investment Partners and the ITOCHU Corporation (Other OTC: ITOCF - news) .

The consortium will design, finance, build and operate an energy recovery plant with a capacity of 300,000 tonnes of residual municipal waste a year.