Viridor and North-East Councils reach financial close on Tees Valley Energy Recovery Facility

23rd April 2026 | 2 mins

Viridor and Tees Valley Energy Recovery Limited (TVERL) have today announced that financial close has been reached on the Tees Valley Energy Recovery Facility (TVERF).
The signing of contracts, with a value of £2bn over 29 years, marks a key milestone towards delivering a safe, reliable and sustainable long-term solution for treating residual waste in the North-East.
Expected to be operational from 2030, TVERF will be a state-of-the-art two-line facility, capable of processing around 450,000 tonnes of residual waste per year.
The plant will provide local jobs and economic regeneration, as well as being a responsible neighbour to the local community and the wider region