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Three teams shortlisted for P3 biofuel processing facility in Surrey

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by Journal Of Commerce

The City of Surrey, B.C. has announced the three teams shortlisted for the Surrey Organics BioFuel Processing Facility project.

The City of Surrey, B.C. has announced the three teams shortlisted for the Surrey Organics BioFuel Processing Facility project.

The teams that will now move to the Request for Proposals (RFP) stage are Iris Solutions, Plenary Harvest Surrey and Urbaser S.A.

The City of Surrey will develop the facility through a public-private-partnership (P3) model.

Whichever team becomes the city’s future partner will be responsible to finance the estimated $60 million dollar project, as well as design, build, operate and maintain the facility through a long-term agreement.

The Government of Canada has also agreed to contribute up to $16.9 million of the capital costs of the project through its “Public Private Partnerships Canada” fund.

A preferred proponent team will be selected in the fall and an agreement will be finalized by late 2014. Construction will begin in 2015, and the facility is expected to be operational by 2016.

Once the facility is operational, it will be the first closed-loop fully-integrated organics waste management system in North America, and will convert residential kitchen and yard waste into renewable fuel that will be used to power the city’s natural gas waste trucks.

JOC NEWS SERVICE

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