SEATTLE (Recycling Monster): Win Waste Innovations sold a waste-to-energy plant in Fort Lauderdale, Florida, to Houston-based FCC Environmental Services. By the second quarter of this year, the acquisition agreement should be finalized.

Since 1991, the South Broward WTE plant that was purchased has been operational. It can handle around 824,000 tons of garbage a year, producing enough electricity to power 41,000 local residences and businesses.

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Serving thousands of commercial clients as well as over 800,000 residential clients, FCC is one of the top haulers in the Florida area. The company's first WTE facility in the United States is this one. Twelve WTE plants are being run by its environmental services section worldwide, and another is anticipated to start up shortly.

Dan Brazil, Chief Operating Officer at FCC Environmental Services, commented on the deal, saying the company is thrilled to bring its international waste-to-energy expertise to the US market. He said that the acquisition is in line with its dedication to innovation in sustainable waste-to-energy solutions.

The money raised from the sale of the WTE facility will be reinvested in Win Waste's main business operations.