Sri Lanka’s largest producer of renewable energy Windforce Ltd has recently signed a deal with Fairway Waste Management (Pvt) Ltd to buy 92.5% of the company stake. The price of deal is as yet undisclosed.
The waste-to-power plant said to be valued at $67 million according to the Fairway group could incinerate 500 metric tonnes of waste a day while running a 10 MW power plant.
The waste-to-power plant will be yet another acquisition that expands the Windforce portfolio which consists of a large number of hydro, wind and solar power plants all across the globe.
No.820, Mount Cresent,Malabe,Sri Lanka