Kanadevia Inova closes acquisition of Encyclis Ireland Operations and 38-year O&M contract for Dublin Waste to Energy Facility

Type: Acquisition · Technology: Water Waste · Country: Ireland · Capacity: 690000 tonnes per year · Announced: 2026-03-17

Kanadevia Inova officially closed its acquisition of Encyclis Ireland Operations, taking over the 38-year operations and maintenance (O&M) contract for the Dublin Waste to Energy Facility. The agreement, which was announced last year, received regulatory and stakeholder approvals, leading to the integration of approximately 60 specialized employees into Kanadevia Inova's global workforce. Located on the Poolbeg peninsula, the facility came online in 2017 and serves the Greater Dublin Area, generating electricity for 115,000 homes and providing district heating for up to 50,000 households. This transaction also paves the way for a 15 percent increase in the facility’s waste throughput capacity, reaching 690,000 tonnes per year, further expanding its energy generation capabilities. The deal underscores Kanadevia Inova's strategy to enhance asset value for owners and investors by assuming O&M guarantees and offering engineered upgrades.

Analysis

Kanadevia Inova closed its acquisition of Encyclis Ireland Operations, taking over the 38-year operations and maintenance contract for the Dublin Waste to Energy Facility, located on the Poolbeg peninsula in Ireland. The facility, which came online in 2017, serves the Greater Dublin Area, generating electricity for 115,000 homes and providing district heating for up to 50,000 households. The transaction, announced on 2026-03-17, integrates approximately 60 specialized employees into Kanadevia Inova's global workforce. The deal also paves the way for a 15 percent increase in the facility’s waste throughput capacity, reaching 690,000 tonnes per year. The acquisition was completed by Kanadevia Inova, with Encyclis as the parent company of the seller, Encyclis Ireland Operations.

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