DIF Capital Partners has acquired an 80-percent stake in Dombasle Énergie, a French greenfield waste-to-energy project via its DIF Infrastructure VI, alongside Solvay (10 percent) and Veolia (10 percent).
DIF VI, which closed at €3 billion ($3.4 billion) in 2020, invests in both greenfield and operational assets around Europe, North America, South America and Australia.
The project includes the replacement of three coal-fired boilers with a new boiler room equipped with two furnaces, running on 350,000 tons per year of refuse-derived fuel produced from various types of nonhazardous waste that cannot be recycled.
“With increasing pressure on landfill capacity and concerted community efforts to reduce landfill levels, waste-to-energy represents a significant opportunity for the generation of affordable green power across the globe,” said Gijs Voskuyl, partner and head of DIF’s core infra investment strategies. “We are delighted to partner with Solvay as