TuasOne waste-to-energy PPP

15/9/2016
PPP, Project development

S$ 750 million

Announced

15/9/2016


Overview:

  • TuasOne waste-to-energy PPP
  • TuasOne is a public-private partnership (PPP) between Hyflux, Mitsubishi Heavy Industries and the National Environment Agency of Singapore (NEA) to design, build, own and operate a waste-to-energy plant.
  • The project also comes with a contracted waste processing capacity of 2,300 tpd of waste that is expected to reduce the volume of solid waste by at least 90%.
  • The TuasOne waste-to-energy plant will replace the Tuas and Tuas South incineration plants.
  • This plant will also be Singapore's largest and most energy efficient plant that can produce 2,880MWh of electricity daily from incinerating waste.

Wai Yee Tsang - Journalist Asia-Pacific

Jurisdiction:

Singapore

Deal types:

PPP
Project development

Practice areas:

Project development
PPP/PFI

Industry sector:

Energy


Firms:

Party: DBS Bank (Lender)

Party: Malayan Banking (Lender)

Party: Mizuho Bank (Lender)

Party: The Bank of Tokyo-Mitsubishi UFJ (Lender)


Party: Mitsubishi Heavy Industries (Sponsor)

Party: Hyflux (Sponsor)