Dive summary: 

• Veolia Environmental Services signed a 25-year agreement with the City of Leeds to build and run a waste-to-energy incinerator which is anticipated to save the city £200 million ($320 million) over 25 years in landfill taxes.
• The facility will sort 236,000 tons of single stream recycling annually, removing metal, paper, cardboard and plastics for recycling then buring the rest to produce energy.
• Construction is planned to begin next summer and be finished by 2016.

From the article: 

United Kingdom: Veolia ES Aurora, a subsidiary of French-owned Veolia Environmental Services UK, has signed a 25-year contract with Leeds City Council which will include the building and running of a long-anticipated, waste-to-energy incinerator. The state-of-art operation will target household waste and could save some £200 million (US$ 320 million) over 25 years in landfill taxes. ...