Veolia Energy Hungary buys biomass plant
Hungarian energy firm Veolia Energia Magyarország Zrt. purchased its peer Bioenergia Művek Energiatermelő (DBM) Zrt., which operates Hungary’s fourth biggest biomass energy plant in Szakoly, according to a press release issued today. The Hungarian Competition Authority reportedly approved the transaction.
Veolia aims to make the plant sustainable in the long-term, saying that by achieving a 19.8 MW performance, the facility could effectively contribute to Hungary’s energy targets, the press statement said.
The plant, which was built in 2009, currently employs a staff of 55. Annually 140,000-150,000 tons of wooden pellets are burnt, and the energy created is passed into the country-wide energy network, the press release said.
“Veolia Energia Magyarország Zrt. has been in the lead of Hungary’s renewable energy production … and now can further strengthen its position in the Central Hungarian region as well,” said György Palkó, Veolia Chairman-CEO.
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