City of Melbourne sells Citywide's waste business to Cleanaway Waste Management for $110m, with Cleanaway investing $35m to redevelop Dynon Road waste transfer station.
City of Melbourne sold Citywide's waste business to Cleanaway Waste Management for $110m. The funds will create a 'future fund' for long-term strategic projects. Cleanaway will invest $35m to redevelop the Dynon Road waste transfer station, partnering with Melbourne for a sustainable facility. The acquisition aims to expand Cleanaway's solid waste services in Melbourne and enhance waste circularity.
9 months ago
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