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Closing
October 2018
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Industrials & Manufacturing Technology & Innovation -
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Ludwigshafen joint waste-to-energy plant receives full financing for modernisation
GML – Gemeinschafts-Müllheizkraftwerk Ludwigshafen GmbH (Ludwigshafen Municipal Waste-to-Energy Plant) recycles waste from 1 million people in the cities of Ludwigshafen, Kaiserslautern, Worms, Speyer, Neustadt/Weinstraße, Frankenthal/Pfalz and the districts of Rhein-Pfalz, Kaiserslautern, Bad Dürkheim and Alzey-Worms.
To maintain disposal reliability, high environmental quality, resource efficiency and cost efficiency at the power plant, two 30-year-old waste boilers are being completely replaced and various other modernisation measures are being carried out.
This is expected to require an investment in the high double-digit million range. To secure financing, a competitive tender process involving 10 banks was conducted and a long-term loan agreement was concluded with KfW IPEX-Bank.
ConsusPartner supported GML in structuring and executing the process as well as in the negotiations.
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