Ferrovial - Annual Report 2012

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Amey-Cespa

AmeyCespa is a joint venture that is 50% owned by Amey and 50% by Cespa. It was created to take advantage of the synergies generated by the knowledge existing in Amey of the English contractual framework and Cespa’s experience in integrated waste management.

The most significant events in 2012 in AmeyCespa included the following:

  • A new contract in Milton Keynes to design, build and operate a new waste treatment plant. AmeyCespa will manage the facility for 15 years from its launch scheduled for 2016. This new recycling plant will enable local waste management costs to be reduced by over 50 million pounds over the lifetime of the facility. In addition, it will increase recycling levels and reduce landfill use by 95%. It will employ 200 people during its construction and will serve as an education center for local schools.
  • After the relevant administrative processing, AmeyCespa has obtained planning consent for a waste management plant in Yorkshire. This license was AmeyCespa’s condition for carrying out the financial closure that, in turn, allows for the construction of the Allerton Waste Recovery Park to be started in 2013. The contract will run for 25 years and involves the construction of a waste treatment plant with a capacity to handle 90% of the waste from the city of York and the county of North Yorkshire.

 

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This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page