August 2021
Steinmüller Engineering GmbH takes over essential business parts of Envirotherm GmbH
On August 20, 2021 Steinmüller Engineering GmbH takes over the essential business parts of ENVIROTHERM GmbH in an asset deal as part of ENVIROTHERM’s self-administered insolvency process.
A.Vaccani&Partner (AVP) was commissioned by the creditors’ committee to carry out a competitive investor process.
For more details, click below.
First Green Bond for the Energy-from-Waste Industry
In June/July 2021 the German Company EEW issued the first green bond in the Energy-from-Waste industry with a total amount of € 400 million, and the concepts seems to be spreading with next project announced in Singapore
This successful green bond issue is on one hand proof of the strength of the business model of EEW. And on the other hand, shows unquestionably that green bonds and EfW-based business models are compatible, offering attractive new options to finance Energy-from-Waste and Resource Recovery related infrastructure. In August 2021 it was published in Singapore that the upcoming integrated waste treatment facility in Tuas, will be the first infrastructure project by a statutory board in Singapore, that will be financed through green bonds, according to the Minister for Sustainability and the Environment Grace Fu.
For more information on green bonds in the EfW industry, click below.