Genesyst plans $618 million waste-to-biofuels investment in Malta

April 6, 2011 |

In Malta, the UK subsidiary of Ohio-based Genesyst says it plans to invest $618 million in three waste-to-ethanol facilities on the island using predominantly imported waste. The first facility will produce 90 million liters annually and could be online as soon as 2013 while the second will be double the size and come online a year or two later. The third facility will be of a ‘different format’ than the first two.

Malta was chosen for its geographic location in proximity to Mediterranean markets and the UK as well as the abundance of engineering skills.

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