Dive Brief:
- Ulupono Initiative, an investment firm, and BioEnergy Hawaii, a subsidiary of Pacific Waste, Inc., are partnering to fund a recycling plant on Hawaii Island's west side, previously announced by BioEnergy in March. BioEnergy Hawaii is an operator and developer of alternative energy systems and waste treatment systems. The partnership is considering a spot near Puuanahulu Landfill, where it will take municipal solid waste from waste haulers.
- Ulupono Initiative is forging a limited partnership with BioEnergy Hawaii to share expenses and profits from the $50 million facility.
- The proposed plant will recover items including organics, recyclable commodities, and solid fuel.
Dive Insight:
The partnership’s efforts aim to keep 70% of waste from haulers out of landfills. The recyclable materials the plant recovers will be delivered to the local recycling industry, while food and green waste will go through an anaerobic digestion process to stabilize the material, and to make fertilizer and compost.