Global Infrastructure SherpaKanadevia Inova closes acquisition of Encyclis Ireland Operations and 38-year O&M contract for Dublin Waste to Energy Facility
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.
Counterparts (3)
Register free to access full counterpart details, deal analysis, and timeline.
Register free →Deal Analysis
- 38-year operations and maintenance contract
- Dublin Waste to Energy Facility located on the Poolbeg peninsula in Ireland
- Facility generates electricity for 115,000 homes and provides district heating for up to 50,000 households
- 690,000 tonnes per year waste throughput capacity after a 15 percent increase
- Approximately 60 specialized employees integrated into Kanadevia Inova's global workforce
Source Intelligence
Kanadevia Inova officially takes over the 38-year O&M contract from Encyclis. Quote: "As of closing, the Swiss-based green-tech company officially takes over the 38-year O&M contract from Encyclis". Approximately 60 specialized employees from the Dublin plant joined Kanadevia Inova's global workforce. Quote: "With clearance now received, around 60 highly specialised employees at the Dublin plant have officially joined Kanadevia Inova’s 3,500-strong global workforce.". Kanadevia Inova, under its previous name HZI, was the plant’s principal contractor for design, build, and commissioning. Quote: "Kanadevia Inova, then operating under its previous name HZI, was the plant’s principal contractor for design, build, and commissioning.". The Dublin plant generates enough electricity to power 115,000 homes and is set to provide district heating for up to 50,000 households. Quote: "The Dublin plant generates enough electricity to power 115,000 homes and is set to provide district heating for up to 50,000 households."
"Switzerland-headed Kanadevia Inova AG, a global leader in waste-to-energy and renewable gas solutions, has announced financial close on an acquisition to transfer the operations and maintenance team at the Dublin Waste to Energy facility in Ireland into the Kanadevia Inova fold."
"Kanadevia Inova announced the agreement to purchase Encyclis Ireland Operations, pending regulatory and stakeholder approvals, last year."
"As of closing, the Swiss-based green-tech company officially takes over the 38-year O&M contract from Encyclis"
Timeline
Get the full picture — timeline, source intelligence, and counterpart analysis.
Register free →