SITA Surrey Limited reached financial close on October 30, 2013, for the construction of a gasification and anaerobic digestion facility in the country of Surrey, England. These two facilities are being constructed as part of a contract signed in September 1999 between SITA and Surrey County Council to manage the recycling and disposal of Surrey’s household waste for a period of 25 years. The gasification facility will process approximately 55,000 tonnes of waste a year and the anaerobic digestion facility will process approximately 40,000 tonnes of waste a year.

Senior debt for the project is being provided by SITA Holdings UK Limited.

Operis conducted a financial model audit, including a review of the model’s tax and accounting, on behalf of SITA Surrey, the senior lender and Surrey County Council.

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