Eco2 chief executive David Williams said: "This is a significant deal for the UK biomass industry, and the second sale Eco2 has completed with BWSC
PCL on a sustainable scale straw-fired biomass plant.
The level of required capital investment for BWSC
is expected to stay at a manageable level going forward, due to its limited role as a distribution and collection system and MWRA's declining CIP.
However, Fitch believes BWSC
is likely to outperform its financial forecast given its demonstrated history of maintaining cash reserves and generating debt service coverage in excess of projected margins.
Brown Construction BWSC
City Disposal Services LLC East Tennessee Grading Eastside Utility EMJ Corporation Environmental Materials LLC L & S Woodgrinders Mayse Construction Power Equipment Company Sharp Contracting Stein Construction Stowers Machinery Corporation Tennessee Dirtworks LLC Thomason Construction Vulcan Material Walden Security Wright Brothers
PCL had earlier in 2013 acquired Brigg straw-fired biomass plant in North Lincolnshire from Eco2.
aims to implement a modern, comprehensive solution for its main processes within global sourcing of material and services in a project environment, with a goal to further increase efficiency and customer service.
The formation of BWSC
corresponds with the company's growth strategy while adding to the already comprehensive line of quality insurance products offered through Balboa," said Drew Gissinger, managing director and president of Balboa Insurance Group.
The rating upgrade also reflects Fitch's belief that capital demands going forward will remain manageable and that BWSC
will continue to exceed its financial projections.
Additionally, Stobart Rail expects to generate revenue as a civil works subcontractor to BWSC
for the construction of the CHP Plant.
The Cedar Group and BWSC
completed this PeopleSoft 8.
Scope of Work: This projects involves the permanent paving of trench cuts from BWSC
Capital Improvement Projects.
To protect these communities and all of Boston's residents, CLF filed a citizen suit against BWSC
in February 2010 for violating its Clean Water Act permit.