Veolia buys wood fuel business Boomeco
Date: Wed, 6 Jan 2016 | Author: Paul Sanderson
Waste wood reprocessor and refuse derived fuel producer Boomeco has been bought by Veolia.
The Bristol-based company processes a variety of grades of wood into wood chips to be used in combined heat and power plants and produces RDF from residual household waste.
Veolia chief operating officer public and commercial in the UK Gavin Graveson said: “We are making significant progress in our drive to increase the quality of energy we are delivering from renewable sources.
“Post-COP21, Veolia’s ongoing expansion in biomass and RDF production will help the UK meet its 2020 carbon emission targets, reducing reliance on fossil fuels and enhancing domestic energy security.
“The strategic acquisition of Boomeco will become our platform in the South West for wood and RDF production, strengthening our position in this growing market and supporting the sustainable circular economy.”