FCC Environmental Services to acquire Florida WTE facility

FCC Environmental Services (FCC) has agreed to purchase Wheelabrator South Broward Inc., which owns the South Broward Waste-to-Energy (WTE) Facility in Fort Lauderdale, Florida, from WIN Waste Innovations. The transaction is anticipated to close in the second quarter of this year, marking FCC’s strategic expansion into the U.S. waste-to-energy sector. 

The South Broward facility, operational since 1991, processes approximately 824,000 tons of residential and commercial postrecycled waste annually. Through its efficient combustion process, it generates enough renewable energy to power over 41,000 local homes and businesses.

FCC Environmental Services’ parent company, FCC Servicios Medio Ambiente, has 50 years of experience in recovering energy from nonrecyclable waste, operating 12 WTE facilities worldwide, with a 13th set to begin operations soon. Together, these facilities process 4.2 million short tons of waste annually, generating a total power output of 410 megawatt electrical (Mwe).

“We are excited to introduce our global waste-to-energy experience to the U.S. market,” says Dan Brazil, CEO of FCC Environmental Services. “This acquisition aligns with our commitment to innovation through sustainable waste-to-energy solutions that benefit both the environment and the communities we serve.” 

Florida represents FCC’s largest operational presence in the U.S., currently serving more than 800,000 residential homes and thousands of commercial customers. This acquisition will further enhance FCC’s service offerings and commitment to environmental stewardship within North America.

Hunton Andrews Kurth is acting as legal counsel to FCC Environmental Services, while Evercore is acting as financial advisor. Kirkland & Ellis is acting as legal counsel to WIN Waste Innovations.