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Waste: Paprec acquires a subsidiary of Dalkia, Wastenergy

2021-07-28T20:50:09.945Z

Paprec has acquired a subsidiary of Dalkia and its 15 energy recovery units to strengthen itself in this sector, announced Wednesday Dalkia and the ...



Paprec has acquired a subsidiary of Dalkia and its 15 energy recovery units to strengthen itself in this sector, Dalkia and the recycling group announced on Wednesday.

Read also: Paprec strengthens in waste recovery

Dalkia, an EDF subsidiary dedicated to energy services, announced

“that it has today completed the sale of 100% of the capital of Dalkia Wastenergy to Paprec”

,

“following the obtaining of the required regulatory authorizations”

.

The amount of the transaction was not specified.

"This transaction is part of the exercise of prioritizing the strategic investments of the EDF Group and refocusing Dalkia on its core businesses"

, underlined the EDF subsidiary.

24 energy recovery plants

Wasternergy (ex-TIRU) is joining a new “Paprec Energies” division, which should make the company the third largest French player in the sector, Paprec announced.

Paprec Energies should have 24 energy recovery plants, where the combustion of waste produces energy, including 20 in France, and 5 organic recovery units,

"after two other acquisitions planned for the week",

for 1,500 employees and 300 million. euros in turnover.

In addition to factories in the United Kingdom, Paprec will develop in Poland a factory producing electricity from waste and another to solid recovered fuels, which can replace coal in industries or boiler rooms, the group said. .

Source: lefigaro

All business articles on 2021-07-28

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