Meridiam has been awarded the development of a waste-to-energy project in Olstyn, capital of the Warmian-Masurian region, in north-eastern Poland under the Public-Private Partnership (PPP) scheme. 

This PPP contract will serve the needs in electricity and heat of the 270,000 inhabitants of the city. The project consists of the design, construction, finance and operation and maintenance of a waste to energy plant for electricity and heat.

The project has a strong climate rationale as it will enable the municipality to replace its current coal-fired facilities with renewables sources to provide heat to its population and can offset up to 60,000 tons of CO2 emissions per year. 

Meridiam, which holds 80% of the project, has partnered with Urbaser (20%), a world leader in environmental management activities in three main areas: urban services, waste and water treatment. Total project costs will amount to EUR165 million (US$184.66 million) and will benefit from some European Union subsidies. This waste to energy project is the second Meridiam and Urbaser have developed together. Located, in the Spanish Basque country, the Zubieta project will come into operation this October 2019.