Waste management firm Biffa to sell landfill gas business for £350m

8 March 2010

Waste management group Biffa has put its landfill gas business up for sale at a price of £350m, according to reports.

The money raised will be used to fund the build of advanced recycling plants across the UK, according to a report in the Financial Times.

The company’s website, which carries the tag The Power behind Waste, said its strategy is based on transforming Biffa from a landfill operator and waste collection business to an energy-from-waste business.

It said it will achieve this strategy by focusing on technology and energy production while remaining active in recycling.

With a total capacity of 100MW, Biffa is the UK’s second-largest landfill gas generator after Infinis, the news service said.

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Tags: bioenergy

This story was published on Monday, March 8th, 2010 at 5:30 pm and is filed under Europe, biomass/biofuel, companies. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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