Waste management company ZAAO has received 4 million euros in funding from SEB bank for the construction of the Daibe biodegradable waste processing plant.

The total cost of the project is 9.6 million euros – 4 million euros of this amount is being financed by SEB bank, and the project is co-financed by the EU Cohesion Fund.

The plant is planned to process biodegradable waste resulting from household waste, separately collected garden and park waste, and separately collected food waste, while the processing process will yield compost and, as a by-product, biogas, which is intended to be used for the production of thermal energy and electricity. (...)