Fortum is to start construction on a Lithuanian energy-from-waste plant in the autumn.
The Finland-based energy group announced that a joint venture, called Kauno Kogeneracine Jegaine (KKJ), has been formed to build the combined heat and power (CHP) plant.
The €160 million project, based in Kaunas, will have electricity generation capacity of 24 MW and thermal capacity of about 70MW.
The joint venture is between state-owned Lietuvos Energija and Fortum, whose formation was announced in October 2015. Lietuvos Energija has a 51% share, while Fortum Heat Lietuva owns 49%.
Fortum will commit €27 million directly to the project and commissioning is expected in the middle of 2020.