SACYR awarded construction and operation of Waste Treatment Plant in Connecticut
Sacyr, in partnership with the Manhattan Construction Group, has been selected as the preferred bidder for its second major contract in the United States, which will consist of the design, financing, construction and operation of a new waste treatment plant in Hartford in the State of Connecticut and in the modernization of the current incinerator, adapting it to the highest international standards of efficiency.
This facility will manage one third of all waste in the state of Connecticut and will be a reference in terms of the amount of recycled waste and the control of emissions. The estimated investment is estimated at US$226 million dollars (€188 million) and, over the life of the contract, will generate a global portfolio of about US$3,500 million dollars (€2,923 million).
With this project, Sacyr will reach a new milestone of its Strategic Program 2015-2020, which placed the entry and consolidation in the US market as one of the objectives in the international expansion of the group using its capacity for innovation and know-how.
- The revenue portfolio will exceed 2,900 million euros throughout the contract.
- Sacyr, together with its partner Manhattan Construction Group, will invest about €190 million in the facilities.
- The facilities will have their own technology and will have the capacity to treat 900,000 tons / year.