Zoucheng Waste sorting and transfer project

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Zoucheng Waste Sorting Project and Zoucheng Waste Transfer Project will be operated and managed by Everbright Environmental Protection (China) Company Limited, a wholly-owned subsidiary of Everbright Environment. According to the project service contract, Zoucheng Waste Sorting Project has a service period of 3 years, with the service covering 57 communities and public institutions in the urban area, in addition to 13 towns and 300 villages in the rural area. According to the project concession agreement, Zoucheng Waste Transfer Project, with a concession period of 12 years, will be responsible for the upgrading and operation of the 30 existing waste transfer stations, the construction and operation of 9 new waste transfer stations in the rural area, and also waste transferring between the waste transfer stations and Zoucheng Waste-to-energy Project of Everbright Environment. The relevant service fees of the two projects during the service period and the concession period have been included in the annual fiscal budget for Zoucheng City, with an estimated total amount of nearly RMB270 million or $ 41.6 million. Financial close took place on March 19, 2021. https://www.cebenvironment.com/en/media/news_content-p210319.html