14 Jan Indaver Reaches Financial Close On Rivenhall EfW Project
Indaver and Gent Fairhead & Co have reached financial close on the Rivenhall EfW project based in South East England. Indaver is financing the project on balance sheet which will involve an investment of around £500 million. Site development work is due to commence later this year. This will be the first phase of a four and a half-year construction programme.
John Ahern, Indaver’s UK Business Development Director stated, “We’re pleased to have reached financial close with Gent Fairhead & Co and are looking forward to work starting on the site later this year.” Richard Gudgeon, Gent Fairhead & Co’s Financial Director stated, “We look forward to working in partnership with Indaver to develop the facility”.
The facility will provide a solution for local council residual waste as well as commercial and industrial waste from the private waste sector. To find out more information, get in touch with us today.