~$A700 million Avertas Energy project in Western Australia.
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As Australia’s population grows, establishing infrastructure that maximises the diversion of waste from landfill is critical, along with the ability to recover products and energy in a sustainable way.
Macquarie is a co-developer, financial adviser and equity investor in the ~$A700 million project. Macquarie is also responsible for delivery of the facility, scheduled to open by the end of 2021.
Building long-term waste supply agreements with Rivers Regional Council and City of Kwinana.
25% of Perth's post-recycling rubbish
to be diverted from WA landfill per annum
Reduction of 400,000 tonnes
of CO2 emissions annually
of reliable baseload energy to be exported to the grid, the electricity needs of >50,000 households
Creation of 800+ jobs
in WA during construction and 60 full-time positions once operational