Linklaters advised Meridiam and Urbaser on the successful Public Private Partnership for a major waste to energy project in Olsztyn.
The public-private partnership project is aimed at ensuring the management of the combustible fraction of municipal waste from the Warminsko-Mazurskie Voivodeship together with the recovery of energy in high-efficiency cogeneration. The recovered energy will be used both in the Olsztyn district heating network and sold to the grid.
On 28 November 2019, Dobra Energia dla Olsztyna sp. z o.o., the SPV set up by Meridiam and Urbaser, signed an agreement with Miejskie Przedsiebiorstwo Energetyki Cieplnej sp. z o.o.. Under the Agreement, Dobra Energia will build, among other things, a thermal waste processing plant and a peak boiler house within 3 years, and then maintain and operate the entire facility for 25 years.
The project will be one of the largest projects implemented so far in Poland in the public-private partnership formula. Its implementation will contribute to the reduction of air pollution (the installation will replace coal sources) and the implementation of EU policies on waste management (the project will be co-financed from EU funds).
The project was handled by Patryk Figiel, Head of Projects and senior associates Natalia Mikolajczyk (Picture) and Tomasz Pleskot.
Law Firms: Linklaters;