DCC and Covanta agree terms for Poolbeg incinerator

Dublin City Council and US energy giant Covanta have agreed a "major renegotiation" of their contract for construction of the €350 million Poolbeg incinerator.

31st March, 2012
DCC and Covanta agree terms for Poolbeg incinerator
The iconic Poolbeg towers in Dublin Harbour: incinerator contract renegotiated. Photo: Laura Hutton/Photocall

Dublin City Council and US energy giant Covanta have agreed a "major renegotiation" of their contract for construction of the controversial €350 million Poolbeg incinerator.

The change in terms includes a substantial amendment to the put-or-pay clause, which was part of the original contract.

Under this clause, Dublin's four councils could have faced multimillion-euro penalties for failing to deliver 320,000 tonnes of waste to the 600,000-tonne incinerator annually.

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