Shanks Group plc (‘Shanks’) is pleased to announce that Resource Recovery Solutions (Derbyshire) Ltd (‘RRS’), a joint venture with Interserve Group plc, has agreed funding terms to begin the construction phase of the 27 year PPP contract with Derby City and Derbyshire County Councils which will generate total estimated revenues of £950m.
The contract will see approximately 250 people recruited to work on construction of the new facilities and a further 34 permanent positions created, making a significant contribution to the local economy.