First Sentier Investors (FSI) is planning to purchase Wheelabrator U.K., the largest pure-play waste-to-energy business in the United Kingdom, from Wheelabrator Technologies in early 2021.
Wheelabrator U.K. is a developer, owner and operator of strategically located waste-to-energy facilities, with seven waste-to-energy facilities in operation and advanced development. Wheelabrator U.K. diverts waste from landfills or exports to continental Europe to provide residents and businesses with local, sustainable disposal of non-recyclable solid waste while creating renewable energy.
“Following our recent agreement to acquire SSE’s stake in the Multifuel Energy Joint Venture, we are looking forward to combining the businesses to create the U.K.'s pre-eminent waste-to-energy platform,” said Niall Mills, managing partner at FSI. “We look forward to working with the team to grow the business and capitalize on the opportunities we see in the sector.”
Wheelabrator
