Debt for the scheme is being provided by the Green Investment Bank (£20m), plus the following four commercial banks: BTMU, Credit Agricole, Mizuho and SMBC.
Under the deal, the consortium will design, build, finance and operate a new plant to cover waste from the boroughs of Brent, Ealing, Harrow, Hillingdon, Hounslow and Richmond-upon-Thames.
The plans will see the creation of the Severnside Energy Recovery Centre in South Gloucestershire, and the 25-year contract covers the transportation of waste from the west London region to the site.
For more information on the deal, click here.