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John Laing Plans To Invest In Waste And Energy Plant In Western Australia

John Laing Group plc (JLG.L) said it will invest A$51.5 million or about 28 million pounds in the East Rockingham Resource Recovery Facility in Perth, Australia.

The utility scale, A$510.8 million 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 base load energy to support Western Australia's electricity network, the company said.

The company noted that 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, Acciona, and Tribe Infrastructure Group, and John Laing is investing alongside HZI and Acciona. The centre is expected to be operational by 2023.

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