The builder of Australia's first waste-to-energy plant, to be officially opened today in Kwinana after more than six years of work, has revealed it cost about $1.1 billion.
Spanish construction group Acciona is keeping its options open after quietly withdrawing its application to the ACCC to buy a giant waste-to-energy plant at East Rockingham.
Acciona is tightening its grasp on the state's long-delayed and cost-overrun waste-to-energy sector, as the competition watchdog investigates its proposed deal to buy the only other plant in WA.
Administrators at the East Rockingham waste-to-energy plant succeeded in getting a significant time extension to prepare a sale but fell short of their proposed nine-month period.
The East Rockingham Waste to Energy plant has been handed over to administrators and receivers with an eye to sell the nearly completed project, which remains embroiled in a legal dispute.
The $500 million East Rockingham Waste to Energy facility currently under construction will power part of the Greenbushes lithium operation under a deal with Talison Lithium.
UPDATED: France's Altrad Services has become one of the largest maintenance and construction contractors in WA after buying Perth-based AGC from its debt-laden parent AusGroup.
AusGroup's Australian businesses will likely be sold after the contractor's Singaporean parent entered restructuring, but the company has promised no disruption to local operations.
The company building the Hazelmere wood waste-to-energy project has entered administration, after work on the plant stopped around Christmas amid rising cost pressures.
Blue Phoenix Group is planning to invest $20 million establishing a specialist processing facility in Kwinana after striking a contract with the developer of a giant waste-to-energy plant.
