11.4 C
Amsterdam
Sunday, May 16, 2021

Amsterdam starts selling waste incinerator AEB

Today, the Amsterdam city council has started the sale of Afval Energie Bedrijf (AEB) through an auction. 

The AEB, although in 2006 was touted as the most innovative waste incinerator complex, in recent years it has been a huge problem for the municipality. According to council finance chief Victor Everhardt, these problems will be over. 

The municipality and AEB are now ready for the sale”, Everhardt stated in a statement. “AEB has made good progress financially and operationally, over the past years,” he added.

In 2009, due to weak maintenance and other problems between employees and management, four of the six incinerators had to be shut down. Amsterdam has invested around 35M euros in the ailing company. 

All shares will be sold 

In October, the municipality tried to sell only some parts of AEB, but now the decision has been made to sell all shares. The green light for the sale has been made by The Board of Mayors and Aldermen on 12 January.

The new owner must fulfill some terms

In addition, since 16 percent of all waste is processed by AEB, which makes it the largest waste incinerator, the potential buyers have to fulfill some conditions. 

The municipality is looking for an owner that will provide a long-term perspective, a clear vision to reduce CO2 emissions, and supplying heat to private homes, said Everhardt. All interested parties can start their registration up until 17 May.

Latest news

Turkish Grand Prix called off, leaving Austria to take over as the host for the second time

Because of the current pandemic situation, the Turkish Grand Prix will not be held on June 13 as it was supposed to, with Austria...

Leading CEO & Trailblazer Recipients are awarded from Women Business Collaborative (WBC) for their contribution in gender and diversity

The outstanding alliance of individuals, organizations and companies working together to accomplish an equal pay, position and power for women in business - Women...

Summer holidays in the Netherlands are expected to be more expensive in 2021

Because of the current pandemic situation, travel companies in the Netherlands have informed that the summer holidays will be more expensive and it will...

Arts festival Sifa will limit the number of spectators as stricter measures arise

Sifa - The Singapore International Festival of Arts, decreased the number of crowds for some weekend shows due to the stricter pandemic measures that...
Related news

Turkish Grand Prix called off, leaving Austria to take over as the host for the second time

Because of the current pandemic situation, the Turkish Grand Prix will not be held on June 13 as it was supposed to, with Austria...

Leading CEO & Trailblazer Recipients are awarded from Women Business Collaborative (WBC) for their contribution in gender and diversity

The outstanding alliance of individuals, organizations and companies working together to accomplish an equal pay, position and power for women in business - Women...

Summer holidays in the Netherlands are expected to be more expensive in 2021

Because of the current pandemic situation, travel companies in the Netherlands have informed that the summer holidays will be more expensive and it will...

Arts festival Sifa will limit the number of spectators as stricter measures arise

Sifa - The Singapore International Festival of Arts, decreased the number of crowds for some weekend shows due to the stricter pandemic measures that...