Metso terminates its waste-to-energy business

Andy Brown Head of Content, Construction and Engagement

04 September 2024

Metso has announced that it has completed the termination of its waste-to-energy business and settled the related legal processes concerning historic projects.

Global manufacturer of mining and aggregates machinery Metso Outotec (Photo: Metso Outotec)

As a result, Metso will book a one-time expense of €255 million (US$248 million) in the July-September results of its discontinued operations. The cash flow impact of this expense in 2024, considering the existing provision, is around…

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