ARCADIS Opens Landfill Gas Plant and Announces Additional Capacity
28 January 2008 - 6:00PM
PR Newswire (US)
ARNHEM, The Netherlands, January 28 /PRNewswire-FirstCall/ --
ARCADIS (EURONEXT: ARCAD), the international consultancy, design
and engineering company, today announced the official opening of
the Sao Joao landfill gas installation and power plant by the mayor
of Sao Paulo, Gilberto Kassab. The degassing installation - owned
by ARCADIS' affiliate BIOGAS - extracts methane gas generated by
the 80 hectares Sao Joao landfill. The methane gas is used as fuel
to feed the 24 megawatt power plant which operation was started on
January 25th as part of the celebration of the 454 years of the
city of Sao Paulo. In addition, ARCADIS announced the development
of a third land fill gas installation near Rio de Janeiro. This
installation (Gramacho) is based on the same principle and similar
in capacity to Sao Joao. Together, the Sao Joao and Bandeirantes
landfill methane gas output is used to generate 340 million Kwh of
electricity annually, sufficient power for more than 120,000
households. As a result, the equivalent of 12 million tons of CO2
will be saved in the coming years, which according to the Kyoto
Treaty, gets the joint venture 12 million carbon credits. Half of
these are shared with the Municipality of Sao Paulo. Of the
remaining 6 million carbon credits that are for BIOGAS, a contract
for the sale of 5 million of these credits was already signed with
the German bank KfW until 2012. Once Gramacho is accredited under
the Kyoto protocol, it will generate carbon credits for which
BIOGAS can again seek long term contract buyers. Harrie Noy, CEO of
ARCADIS: "These innovative projects underline our commitment to
contribute to a healthier world climate. As a world leader in
environmental consultancy, we assist many municipalities and
companies in reducing their carbon footprint, but the scale at
which this happens in the land fill gas installations is especially
impressive. According to UNFCCC information about 80% of the total
of carbon credits issued so far for landfill projects has been
derived from the Bandeirantes Project. Sao Joao and Gramacho will
add soon to further increase these significant contributions."
ARCADIS is an international company providing consultancy,
engineering and management services in infrastructure, environment
and facilities, to enhance mobility, sustainability and quality of
life. ARCADIS develops, designs, implements, maintains and operates
projects for companies and governments. With more than 12,000
employees and over $ 2 billion in gross revenue, the company has an
extensive international network that is supported by strong local
market positions. Except for historical information contained
herein, the statements in this release are forward-looking
statements that are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties that may cause the company's actual results in future
periods to differ materially from forecasted results. Those risks
include, among others, risks associated with possible changes in
environmental legislation and risks with regard to the Company's
ability to acquire and execute projects. These and other risks are
described in ARCADIS' filings with the Securities and Exchange
Commission over the last 12 months, copies of which will be
available from the SEC or may be obtained upon request from the
Company. Visit us on the internet: http://www.arcadis-global.com/
DATASOURCE: ARCADIS NV CONTACT: For more information contact: Joost
Slooten of ARCADIS at +31-26-3778604 or e-mail at . Visit us on the
internet: http://www.arcadis-global.com/
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