The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJLG.L Regulatory News (JLG)

  • There is currently no data for JLG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Investment in waste-to-energy plant

24 Dec 2019 07:00

RNS Number : 8909X
John Laing Group plc
24 December 2019
 

Investment in waste and energy plant in Western Australia

 

John Laing Group plc ('John Laing'), the international active investor in greenfield infrastructure, announces that it has entered into an agreement to invest A$51.5m (approximately £28m) in the East Rockingham Resource Recovery Facility in Perth, Australia. This investment will take John Laing's total investment commitment in 2019 to approximately £185m.

This utility scale, A$510.8m waste-to-energy plant will help to address Australia's rising waste management problem by diverting waste from landfill and will also generate 28.96MW of renewable baseload energy to support Western Australia's electricity network.

 

When operational, the centre will process around 300,000 tonnes of residual waste per year, the equivalent of taking 70,000 cars off the road. It is expected to create around 300 jobs during construction and 40-50 during operation.

 

The project has been co-developed by organisations including New Energy Corporation, Hitachi Zosen Inova (HZI), Acciona, and Tribe Infrastructure Group, and John Laing is investing alongside HZI and Acciona. The centre is expected to be operational by 2023.

 

Justin Bailey, Regional Managing Director Asia Pacific, said "We are delighted to be a part of this project that will develop an important piece of infrastructure for Western Australia. Not only will it deliver a sustainable waste management solution but it will also make a critical contribution towards Australia's emission reduction targets. We are committed to delivering responsible infrastructure projects that will improve the local environments and communities they serve, and we look forward to working with our partners to deliver this exciting project".

 

ENDS

Further information:

Analyst / investor enquiries: Luciana Germinario, Chief Financial Officer +44 (0) 20 7901 3200Tejal Patel, Investor Relations & Finance Manager +44 (0) 20 7901 3200

Media Enquiries:Matt Denham, Teneo +44 (0) 7825 735 596 JohnLaing@teneo.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
AGRQXLFLKLFLFBX
Date   Source Headline
5th Aug 20218:47 amRNSHolding(s) in Company
5th Aug 20217:00 amRNSForm 8.3 - John Laing Group plc
4th Aug 20213:30 pmBUSForm 8.3 - JOHN LAING GROUP PLC
4th Aug 20213:25 pmRNSForm 8.3 - JOHN LAING GROUP PLC
4th Aug 20213:00 pmBUSForm 8.3 - JLG LN
4th Aug 20212:03 pmEQSForm 8.3 - The Vanguard Group, Inc.: John Laing Group plc
4th Aug 202112:34 pmPRNForm 8.3 - John Laing Group Plc
4th Aug 202112:30 pmRNSForm 8.3 - John Laing Group PLC
4th Aug 202112:15 pmRNSForm 8.3 - John Laing Group PLC
4th Aug 202111:58 amBUSForm 8.5 (EPT/NON-RI) - John Laing Group PLC
4th Aug 202111:36 amRNSForm 8.5 (EPT/RI)
4th Aug 202111:36 amRNSForm 8.3 - John Laing Group PLC
4th Aug 202111:34 amGNWDimensional Fund Advisors Ltd. : Form 8.3 - JOHN LAING GROUP PLC - Ordinary Shares
4th Aug 20219:36 amRNSForm 8.5 (EPT/RI) - John Laing Group Plc
4th Aug 20217:45 amRNSForm 8.5 (EPT/RI) - Amendment
3rd Aug 20213:30 pmBUSForm 8.3 - John Laing Group plc
3rd Aug 20213:25 pmRNSForm 8.3 - JOHN LAING GROUP PLC
3rd Aug 20213:20 pmRNSForm 8.3 - John Laing Group Plc
3rd Aug 20213:07 pmRNSForm 8.3 - John Laing Group PlC
3rd Aug 20213:01 pmBUSForm 8.3 - John Laing Group plc
3rd Aug 20211:44 pmEQSForm 8.3 - The Vanguard Group, Inc.: John Laing Group plc
3rd Aug 20211:20 pmBUSForm 8.3 - Form-8.3 - JOHN LAING PLC - 20210730
3rd Aug 202112:49 pmPRNForm 8.3 - John Laing Group Plc
3rd Aug 202112:45 pmBUSFORM 8.5 (EPT/NON-RI) - JOHN LAING GROUP PLC
3rd Aug 202112:14 pmRNSForm 8.3 - John Laing Group plc
3rd Aug 202111:50 amRNSForm 8.3 - John Laing Group PLC
3rd Aug 202110:54 amGNWDimensional Fund Advisors Ltd. : Form 8.3 - JOHN LAING GROUP PLC - Ordinary Shares
3rd Aug 202110:39 amRNSForm 8.5 (EPT/RI) - John Laing Group Plc
3rd Aug 202110:02 amRNSForm 8.3 - John Laing Group PLC
3rd Aug 20219:17 amRNSForm 8.5 (EPT/RI)
2nd Aug 20215:37 pmRNSHolding(s) in Company
2nd Aug 20215:35 pmRNSHolding(s) in Company
2nd Aug 20213:30 pmBUSForm 8.3 - John Laing Group plc
2nd Aug 20213:25 pmRNSForm 8.3 - JOHN LAING GROUP PLC
2nd Aug 20213:20 pmRNSForm 8.3 - John Laing Group Plc
2nd Aug 20213:17 pmRNSForm 8.3 - John Laing Group plc
2nd Aug 20212:40 pmRNSForm 8.3 - JOHN LAING GROUP PLC
2nd Aug 20212:13 pmEQSForm 8.3 - The Vanguard Group, Inc.: John Laing Group plc
2nd Aug 20211:47 pmBUSFORM 8.5 (EPT/NON-RI) - JOHN LAING GROUP PLC
2nd Aug 20211:34 pmRNSForm 8.3 - John Laing Group PLC
2nd Aug 20211:34 pmGNWMan Group PLC : Form 8.3 - John Laing Group plc
2nd Aug 20211:12 pmRNSForm 8.3 - John Laing Group plc
2nd Aug 202112:45 pmRNSForm 8.3 - John Laing Group PLC
2nd Aug 202112:31 pmGNWDimensional Fund Advisors Ltd. : Form 8.3 - JOHN LAING GROUP PLC - Ordinary Shares
2nd Aug 202111:11 amRNSForm 8.5 (EPT/RI) - John Laing Group Plc
2nd Aug 20219:47 amRNSForm 8.5 (EPT/RI)
30th Jul 20213:25 pmRNSForm 8.3 - JOHN LAING GROUP PLC
30th Jul 20213:20 pmRNSForm 8.3 - John Laing Group Plc
30th Jul 20213:15 pmBUSForm 8.3 - John Laing Group plc
30th Jul 20212:44 pmEQSForm 8.3 - The Vanguard Group, Inc.: John Laing Group plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.