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COM Direxion Auspice Broad Commodity Strategy ETF

28.3051
-0.0049 (-0.02%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Direxion Auspice Broad Commodity Strategy ETF AMEX:COM AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.0049 -0.02% 28.3051 28.33 28.2904 28.32 53,794 22:00:00

Bee’ah and Masdar Launch Joint Venture to Develop the First Waste-to-Energy Plant in the United Arab Emirates

11/07/2017 3:43pm

Business Wire


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Masdar & Bee’ah select CNIM to design, build and operate the facility located at Sharjah

  • Emirates Waste to Energy Company to treat 300,000 tonnes of municipal solid waste (MSW) with its first facility.
  • Signing of waste supply and power purchase agreements for WTE facility witnessed by HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment.

Bee’ah, the country’s leading environmental management company, and Masdar, Abu Dhabi’s renewable energy company, have formally established the joint venture Emirates Waste to Energy Company (EWEC) to develop waste-to-energy plants across the region.

In line with the vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, around environmental challenges and ways of maintaining a pollution free environment, the first project will be the Sharjah Multi-Fuel Waste-to-Energy Facility. The plant will be the first in the region and will treat, within its first phase, more than 300,000 tonnes of municipal solid waste (MSW) each year and have a power capacity of around 30 megawatts (MW).

Bee’ah set the ambitious target for Sharjah to achieve zero waste when the company was created back in 2007. At present, the emirate diverts 70% of its waste away from landfill. With the completion of this new facility, Sharjah will soon become the first city in the Middle East to achieve the target of 100% diversion of waste from landfill.

Read the entire press release

Bee’ah:For more information please visit: https://www.beeah.ae/en/interview-request and connect: https://www.facebook.com/beeahuae/ and twitter.com/BEEAHUAE

Masdar:For more information please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar

CNIM:For more information, please visit https://cnim.com/en and https://twitter.com/CNIM_Group

CNIM:Frederique Vigezzi, Tel enquiries: +33 (0)1 43 59 29 84E-mail: frederique.vigezzi@gootenberg.frorBee’ah:E-mail: press@beeah.aeTel enquiries: +971 6 572 9000 – Ext. 1804orMasdar:E-mail: press@masdar.aeTel enquiries in Arabic: +971 2 653 3333Tel enquiries in English: +971 2 653 6014

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