Deal Part of Veolia’s Expanding Biomass Business Plan : UK Wood Waste Processor & RDF Producer Acquired by Veolia
Gloucestershire, UK based waste wood processer and Refuse Derived Fuel (RDF) producer has been acquired by French environmental services giant, Veolia.
Located in Avonmouth, Bristol, the Boomeco site processes a variety of grades of wood into wood chips to be used in combined heat and power plants and produces RDF from residual household waste.
According to Veolia, the acquisition complements its growth strategy to manufacture green products and low carbon energy which save resources.
“Post-COP21, Veolia’s ongoing expansion in biomass and RDF production will help the UK meet its 2020 carbon emissions targets, reducing reliance on fossil fuels and enhancing domestic energy security,” commented Gavin Graveson, Veolia’s chief operating officer public and commercial in the UK.
“We are making significant progress in our drive to increase the quality of energy we are delivering from renewable sources,” he continued.
“The strategic acquisition of Boomeco will become our platform in the South West for wood and RDF production, strengthening our position in this growing market and supporting the sustainable circular economy,” concluded Graveson.
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