Bluesphere Corp. and Alfa Eco have signed a joint venture agreement to build waste to energy projects around the world.
The two firms say that waste-to-energy is one of the fastest-growing segments in the renewable energy market and will seek to develop turnkey and build-own-operate (BOO) projects.
Alfa Eco, a New York-based asset management and investment firm, will provide the joint venture with ready-to-go turnkey and BOO projects, while Bluesphere will arrange financing and act as the project integrator.
"We are very pleased to form this joint venture corporation with Alfa Eco, a company which has resources and relationships that can support the development of numerous joint waste-to-energy projects in partnership with Bluesphere," stated Bluesphere CEO Shlomi Palas.
Bluesphere specialises in the construction and operation of waste-to-energy projects. It has two projects in the pipeline in the USA and one in Ghana.
