Award of Contract

RNS Number : 6519I

Shanks Group PLC

21 November 2008

 



Cumbria County Council Awards 25 year Public-Private Partnership (PPP) Contract to Shanks

Shanks is pleased to announce that Cumbria County Council has approved the award of its 25 year, £700 million PPP waste management contract subject to satisfactory financial closure.

The award of this contract will see Shanks develop and manage new waste and recycling facilities along with Cumbria's existing household waste recycling centres (HWRCs). In order to achieve this, Shanks will employ its proven Intelligent Transfer Station (ITS) Mechanical Biological Treatment (MBT) technology used in waste facilities across Europe and the UK. 

Shanks continues to anticipate financial closure and contract commencement in early 2009.

For further information contact:

Shanks Group plc

Tom Drury; Group Chief Executive      telephone: + 44 (0) 1908 650 580

Tulchan Communications

David Allchurch, Stephen Malthouse     telephone: + 44 (0) 207 353 4200

 

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