Averda appoints Niteese Lenton as Chief Financial Officer
Averda, the leading end-to-end waste management, treatment and recycling company in emerging markets is pleased to announce the appointment of Niteese Lenton as Chief Financial Officer.
Averda has spent the past two years providing end-to-end, sustainable waste management services to The Red Sea Development Company (TRSDC) for the initial construction phase of the project and, following successful delivery, has been awarded a further contract for the next phase.
Under the terms of the contract - which is signed with SEPCOIII - Averda will provide an Integrated Waste Management Facility (IWMF) for the Red Sea site, which will have the capacity to sustainably treat waste from residents, employees and visitors to this exclusive tourism destination. Averda will also be responsible for providing equipment and waste collection vehicles to operate on land and sea across the whole site.
Sustainability and regeneration are the key principles underpinning this development, with every care taken to ensure all forms of waste are reduced, recycled and recovered. During the initial construction phase, Averda’s waste management services also included the large-scale recycling of all building, construction and demolition waste, as well as municipal waste.
In the next phase, during which guests will start to enjoy the facilities, the focus will shift to reducing and recovering household and general waste whilst maintaining the policy of ‘zero waste to landfill’. Facilities provided by Averda will include a new automated Materials Recovery Facility (MRF), a state-of-the-art incinerator and an innovative composting system. In addition to recovering compost and recyclable materials, Averda will enable residual ash from the incineration process to be used in the manufacture of bricks by a third party.
The commitment to sustainability is reflected in the choice of electric vehicles to be used for waste collection and transportation at the Red Sea. These include an electric refuse collection truck (in place of traditional diesel-fuelled vehicle), electric tippers and even an electric boat to service the islands which form part of this coastal development. The electricity used to power this electric fleet will be generated by solar panels.
“We are delighted to be continuing work on this state-of-the-art development,” stated Averda’s Chief Growth Officer, Mazen Chebaklo. “The Red Sea’s commitment to sustainability matches our own, and gives Averda the opportunity to push the boundaries and deliver excellent results for both our clients and the environment.”