Russian company spends $2,5bn for waste processing plants construction

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Russian company spends $2,5bn for waste processing plants construction
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The company RT-Invest plans to spend 149,7 billion rubles ($2,5 billion) for the construction of five plants processing solid household waste, as it follows from the company’s presentation.




About 20% of the cost will falls at the company's internal funds, while the rest amount will account for debt financing.

At the same time, the company’s investment director, Anastasia Verezubova, has stressed that the financing is necessary for the company for a period of 18 years. “It is not a standard mechanism for our credit institutions,” she said.

The company has already signed a preliminary agreement with the Swiss Export Agency, and is planning to apply to such new instruments as “green bonds.”



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