North Wales has named a subsidiary of Waste Management, the Wheelabrator Technologies as the preferred bidder for the £600m North Wales Residual Waste Treatment Project (NWRWTP).

North Wales has named a subsidiary of Waste Management, the Wheelabrator Technologies as the preferred bidder for the £600m North Wales Residual Waste Treatment Project (NWRWTP).

The status was granted by a local government partnership, which is responsible for finding a solution to manage the non-recyclable residual waste.

Under the project, the company will have to manage about 150,000 tonnes of waste that is expected to remain after the residents have recycled and composted possible waste.

According to Wheelabrator, the project is expected to incur an investment between £600m to £800m during an estimated period of 25 years.

The project is part of the Welsh Government’s statutory targets, under which the local authorities are targeted to recycle about 70% of household waste by 2025, while keeping the residual waste landfill limit below 5%.

NWRWTP is formed by five local authorities including the Gwynedd, the Isle of Anglesey, Conwy, Denbighshire and Flintshire County Councils.

Wheelabrator intends to submit a planning application later in 2014 after the proposed consultation with local residents around the site.