Masdar, Tribe JV secures $33.6m from Australian government for Maryvale EfW project – The National

Masdar, Tribe JV secures $33.6m from Australian government for Maryvale EfW project – The National

Masdar Tribe Australia, a joint venture between Abu Dhabi’s renewable energy company Masdar and infrastructure advisory and development firm Tribe Infrastructure Group, has secured A$48.2 million ($33.6m) from the Australian government for its Maryvale Energy from Waste (EfW) project, in an effort to drive down emissions.

The money will be used to construct the EfW facility in the Latrobe Valley, located in the Gippsland region of Victoria, Masdar said in a statement on Tuesday.

The project requires an investment of more than A$600 million and will commence construction in 2022.