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TransAct Energy signs contract for waste supply agreement in Mexico

Published 17 October 2017

TransAct Energy has signed a 10-year waste supply & disposal agreement with Hasars S.A. de C.V. to process their municipal solid waste collections from the Tlaquepaque region of Greater Guadalajara in Mexico.

Through TransAct's wholly owned subsidiary, Puebla Z.E.W.O.P.1, S de R.L. de C.V., the Company has now secured the feed-stock for its first Zero Emissions Waste Optimization Plant (Z.E.W.O.P.[TM]) to be constructed in Mexico. The plant will be able to process 481,800 metric tonnes annually of which Hasars will supply the same, until Dec 31, 2027.

"We finally have our feed-stock and can move forward," says TransAct's CEO, Rod Bartlett, "After years and several attempts to secure a binding agreement in Mexico from a credible source we have finally succeeded. This is the corner stone upon which we build this plant and the Company. Now we can secure a site on which to build the Z.E.W.O.P.[TM] and move forward with the presale agreements to complete on the required capital."

"Hasars sees TransActs Z.E.W.O.P.[TM] as the future of waste management in Mexico and the world," says Adrian Orozco Gardenas, Managing Partner of Hasars. "We are genuinely excited about having the MSW we collect optimized rather than placed in a land-fill. 



Source: Company Press Release