FCC Servicios Medio Ambiente reaches an agreement to acquire Urbaser's affiliate in United Kingdom

Madrid, 12th December 2023. FCC Servicios Medio Ambiente has agreed to buy the business of Urbaser's affiliate in the United Kingdom. The estimated enterprise value of the transaction (including debt and equity) is £398 million (around €464 million). The deal is expected to be completed in the second quarter of 2024, subject to the fulfilment of certain conditions customary in this type of transactions.

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Brandy Baucknecht
The Key to Scaling up Florida’s Ecosystem Restoration: Public-Private Partnerships

As Florida continues to invest in restoring the state’s natural resources, funding gaps persist. A 2023 Florida Economics and Demographic Research (EDR) report estimates $136 billion will be needed to address water resource protection and infrastructure over the next 20 years. A significant portion of that has no identified funding source. This situation underscores the urgency of innovative solutions in Florida’s ecosystem restoration and water management to bridge these substantial funding gaps.

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Brandy Baucknecht
Exciting news! The 2023 Biscayne Bay economic study is out, and Biscayne Bay brings in $64 Billion dollars annually to Miami Dade County.

The impressive, updated figure represents $24 billion in income, supporting 448,000 jobs and contributing $4 billion in tax revenue, proving that the watershed directly influences the county's economy, making it an essential driver of prosperity, reaffirming that Biscayne Bay is intrinsically linked to Miami-Dade County's prosperity accounting for 19%of Miami-Dade County's economy, 9% in the Southeast Florida region, and 3% of the State of Florida's economy.   

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Brandy Baucknecht