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