Announced

Completed

Encyclis completed the acquisition of Biffa ERF.

Synopsis

Encyclis, a leader in the safe recovery of energy and other resources from waste, completed the acquisition of Biffa ERF, a Newhurst Energy Recovery Facility, and Protos Energy Recovery Facility from Biffa, which provides waste management services. Financial terms were not disclosed. “Biffa has a leading role to play in developing the recycling and energy-from-waste facilities that the UK needs if it is to become a low-carbon, resource-efficient economy. Energy recovery is a lower-carbon alternative to landfill for the treatment of waste that can’t be reduced or recycled, and will have a vital role to play for many years as a contributor to the transition to Net Zero. Reaching this milestone at Newhurst, along with our ambitious investments in recycling, are vital steps in the delivery of our strategic investment plans. We look forward to working with our partners to further reduce the UK’s reliance on landfill or export for managing the country’s non-recyclable waste,” Mick Davis, Biffa Chief Operating Officer - Resources & Energy.

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