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London, United Kingdom, 2020/10/22 - VINCI Construction, through its UK subsidiary Taylor Woodrow, signed a contract with the North London Waste Authority (NLWA) to build recycling facilities, as part of the North London Heat and Power Project (NLHPP) - NLWA.gov.uk / VINCI.com. CAC 40; Euronext 100
• Construction of a sorting centre, recycling centre and a community education facility;
• Capacity to manage 135,000 tonnes of recyclable material every year;
• A £78.9 million contract (€87.4 million).
The construction will begin in January 2021 after an Early Contractor Involvement phase during which preliminary works will be carried out and the design finalised. The project is scheduled for completion in October 2022 and worth a total £78.9 million (€87.4 million). It includes:
• A Resource Recovery Facility with capacity to manage 135,000 tonnes of recyclable material every year
• A Reuse and Recycling Centre for public and business use, enabling local residents to dispose of their waste directly
• EcoPark House, a facility open to the public to raise awareness among the local community about the importance of the circular economy and reducing the carbon footprint of waste.
The geotechnical engineering work will be conducted in synergy with Bachy Soletanche and Vibro Menard, both of which are VINCI Construction subsidiaries, which will complete the complex foundations to support the 74 m long processing hall.
Environmental considerations are at the heart of the project, which will include a rainwater collection system and a clean energy system powered by photovoltaic panels and geothermal energy. There is also an opportunity currently being investigated to harness the energy from the adjacent River Lee Navigation using hydro turbines. The facility will also be equipped with a cutting-edge ventilation system to neutralise any odours.
NLWA's drive (nlwa.gov.uk) is to achieve 50% household recycling rates and protect the environment by diverting up to 700,000 tonnes of non-recyclable waste from landfill. The Project's carbon savings are the equivalent of 215,000 tonnes of CO2 each year, in an area that is home to around 2 million people.
Taylor Woodrow has already built two cutting edge facilities in north Yorkshire and Cornwall, and this project allows it to further demonstrate its expertise in waste recovery.
The teams from VINCI in the UK are also involved in the Tideway scheme, a major project to capture, store and convey sewage and rainwater in a centre in London to clean up the River Thames.
VINCI (vinci.com) is a global player in concessions and contracting, employing more than 222,000 peoplein nearly 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.