CNP CYCLES secures major Italian wastewater treatment contract
CNP CYCLES, majority-owned by Cambi ASA, has won a major contract to supply process equipment for a new sludge treatment center at the Salvatronda wastewater treatment plant in Castelfranco Veneto, Italy. The center will process sludge from 37 wastewater treatment plants serving 52 municipalities, with financing from Italy's National Recovery and Resilience Plan and the EU's NextGenerationEU program. Cambi chief executive Per Lillebø said the contract reinforces CNP CYCLES’ position in delivering sludge treatment solutions across Europe.
The contract involves CNP CYCLES supplying an alkaline hydrolysis system, encompassing engineering, manufacturing, delivery of prefabricated process modules, and installation support. The system will be integrated into the plant's anaerobic digestion processes, with equipment manufacturing taking place at CNP CYCLES' facilities in Germany. The contract value is classified as "Major," indicating it exceeds NOK 200 million.
Cambi ASA holds a 51% stake in CNP CYCLES, a specialist in innovative technologies for nutrient recovery and energy optimization in wastewater treatment. Cambi is a global supplier of biogas technology and solutions for wastewater treatment plants, renowned for its thermal hydrolysis process.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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