Business
Wakefield Waste PFI Project - Teaming Agreement
Wakefield Waste PFI Project - Teaming Agreement.
About this update from Babcock International Group Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 6040B Babcock International Group PLC 22 February 2011 \n \n\n22 February 2011 \n \n \nBabcock International Group PLC\nWakefield Waste PFI Project - Teaming Agreement\n \n \nBabcock International (Babcock) announces it has entered into a teaming agreement with Shanks Waste Management Ltd (Shanks) in respect of the Wakefield Waste Management PFI project. Shanks brings strong and proven waste management experience to the team which will now seek to achieve financial close. The agreement provides a mechanism for Shanks to acquire Babcock's waste business following financial close, which is expected later this year. \n \nJoanne Roney, Chief Executive of Wakefield Metropolitan District Council comments \n\"We are very pleased that Babcock and Shanks have entered into this agreement and I look forward to working with the team to move the project to financial close\". \n \n \nEnquiries\nBabcock International Group PLC 020 7355 5300\nKevin Thomas \nTerri Wright \n \nFD  ...