MCWM, Plambeck-Emirates to build $250-M waste-to-energy facility
Metro Clark Waste Management Corp. (MCWM) is partnering with an international joint venture to build a waste-to-energy (WTE) facility.
In a statement on Tuesday, MCWM—which operates a 100-hectare disposal facility in Clark, Pampanga—announced its partnership with Plambeck-Emirates to set up the WTE project.
MCWM said the project would bring to the Philippines total investments of $220 to $250 million.
The company said it would be at no cost to the government as it would be funded by MCWM and its partner, Plambeck-Emirates.
Plambeck-Emirates is a joint venture between Plambeck Germany, a publicly listed firm with extensive experience in renewable energy projects, and the Royal Family of Abu Dhabi.
According to MCWM, the consortium submitted its unsolicited proposal to the state-owned Bases Conversion and Development Authority (BCDA) in 2019.
A flagship waste-to-energy project for the Philippines, the proposal is designed to reduce by up to 70% the volume of waste to be disposed of in MCWM's landfill in Clark, the company said.
The BCDA has yet to respond to the proposal, but proponents are hoping to commence with the project as soon as possible as part of a comprehensive waste management solution.
"MCWM is ready and eager to start groundbreaking on a WTE facility as soon as the concession is renewed, having previously submitted a proposal for the same in 2019," the company said. —VBL, GMA Integrated News