Grønn Vekst, part of Cambi's Solutions segment, has received an award
notification from Follo Ren IKS to continue a service agreement covering the
handling of garden waste from households and recycling centres in the Follo
region of Norway.
In accordance with standard Norwegian public procurement procedures, the
agreement is expected to be signed after the statutory standstill period has
ended, provided there are no successful appeals.
The contract extends Grønn Vekst's long-standing cooperation with Follo Ren IKS.
The scope comprises the collection, transport, container management, processing,
composting, and recycling of approximately 5,600 tonnes of garden waste
annually, producing peat-free soil products and returning nutrients and organic
matter to productive use.
Øyvind Klev, CEO of Grønn Vekst, said:
"We are pleased that Follo Ren has again chosen Grønn Vekst as its partner for
garden waste management. The award demonstrates confidence in our operational
capabilities and our ability to deliver reliable and sustainable services over
time. We look forward to continuing our contribution to a more circular use of
local organic resources."
The agreement has a firm duration of five years from 1 January 2027, followed by
two one-year extension options, giving a maximum potential duration of seven
years.
The total contract value, including all extension years, falls within Cambi's
Small contract category, which covers contracts valued between NOK 15 and 50
million.
Follo Ren IKS is an inter-municipal waste management company owned by the
Norwegian municipalities of Frogn, Nesodden, Nordre Follo, and Ås, in the
greater Oslo area. The company is responsible for household waste collection,
transport, and sustainable waste management on behalf of its owner
municipalities.
For more information, please contact:
- Mats Tristan Tjemsland, CFO Cambi, mats.tjemsland@cambi.com, +47 920 67 094
(investors)
- Øyvind Klev, CEO Grønn Vekst, oyvind@gronnvekst.no, +47 957 59 477 (media)
Note on contract value:
Category Small
NOK million 15-50
About Cambi and Grønn Vekst
Cambi is a global provider of technologies and services for water and wastewater
treatment and organic materials management. Since 1992, the company has served
utilities, municipalities, and industrial customers.
The thermal hydrolysis process (THP) is Cambi's core technology, with more than
100 systems in operation across more than 25 countries on 6 continents. Cambi's
wider portfolio includes technologies for nutrient recovery and digestion,
lifecycle services, biosolids logistics and land application, composting, and
soil production.
Grønn Vekst, part of Cambi's Solutions segment, recycles biosolids, garden
waste, stonemeal, and other residual resources from Norwegian municipalities and
industry. The company returns nutrients and organic matter to productive use
through agriculture and produces compost-based soil products that replace
peat-based alternatives.
Cambi ASA is listed on Euronext Growth Oslo under the ticker CAMBI. Find out
more at cambi.com.
d alternatives.\
\
Cambi ASA is listed on Euronext Growth Oslo under the ticker CAMBI. Find out\
more at cambi.com.\