About Project Phoenix
International Electric Power, LLC. (IEP) is pleased to announce, in partnership with the Government of Haiti, the signing of an agreement between the parties to form a Public-Private Venture in a power generating facility that will remove waste from the streets of Port au Prince, decrease Haiti’s dependence on imported fuel, create approximately 1,800 high-quality, skilled jobs and provide 30MW of reliable, base-load electric power fueled by municipal solid waste. This state-of-the-art integrated waste management and power facility will be situated on 400 acres of land about 18 kilometers north of Port au Prince.
Project Phoenix is composed of two related businesses corresponding to the major operating components of the project: power generation, and waste collection. The municipal waste will be collected by a state-of-the-art waste collection company that will serve the seven municipalities of greater Port au Prince, and work in conjunction with the government collection service SMCRS and private collectors.
Project Phoenix, will provide numerous environmental, social and economic benefits, not the least of which is the creation of nearly 10,000 jobs in Haiti, including training and equal opportunity hiring requirements. Project Phoenix will eliminate open, low temperature burning of waste and canal clogging by years of uncollected plastics, improving air and water quality in the Port au Prince municipalities and as a result the health of Haitian citizens. Garbage collection will commence promptly after financial close, which is expected in the fourth quarter of 2012.
“Project Phoenix will have a profound impact positively affecting many sectors of the Haitian economy,” said Enzo Zoratto, President and COO of IEP. “Phoenix jump starts the social, environmental and economic development that Haiti so desperately needs.”
About Waste Management
IEP Waste Management S.A. has partnered with Ros Roca of Spain, one of the world’s leading waste technology companies. Together with our local waste collection partner, Boucard Waste Management, we have created a detailed waste collection strategy for Port au Prince that combines state-of-the-art collection vehicles and specialized segregation equipment. The system has been designed to collect and process over 3,000 tons of municipal waste generated daily in Port au Prince. Phoenix will collaborate with SMCRS to ensure that 100% of all waste generated is collected, and that the collection plan is aligned to national plans for waste management currently under development.
About Power Generation
The Project Phoenix waste-to-energy plant is capable of producing 720MWh of dependable and sustainable electricity per day - the equivalent of 30MW for every hour, enough power for more than 75,000 Haitian households.
Project Phoenix has been designed to meet or exceed the strictest international, environmental compliance standards. By burning refuse in a controlled high temperature environment, Project Phoenix will eliminate the slow, low temperature incineration of waste in the streets, eliminating cancer causing dioxins, furans and other poisons from the air around Port au Prince. This alone will not only save hundreds of Haitian lives every year, but will make Port au Prince more livable and improve the tourist experience.
Project Phoenix responds directly to Haitian and international priorities for sustainable development, population decentralization, capacity building and the encouragement of foreign investment. Altogether, Project Phoenix requires the investment of roughly US $250,000,000. To this end, IEP has assembled a world-class team of Haitian and international companies to complete the Project, making this a low-risk, high-impact project for the Haitian population over the next 30 years. It will serve as a model for future waste management needs.
The Phoenix power plant delivers to EdH the lowest cost electricity available in Haiti. Over the 30 years of its operation, the Phoenix plant will subsidize the waste collection and lignite mining operations and is projected to save the Government of Haiti over $4.0 Billion dollars.