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4 June 2020
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Robust progress during FY20; actions taken to mitigate impact of covid-19; enhanced strategy to deliver sustained long-term growth
Renewi, Nordsol and Shell have formed a strategic partnership to jointly produce bio-LNG. This collaboration aims to contribute to the circular economy and completes the cycle of turning organic waste into a sustainable fuel for long haul transport.
Renewi plc provides an update on the expected impact of Covid-19; the decisive actions it has taken during the first quarter; the consequences for earnings and cash; and announces that it has agreed prudent amendments to the Group’s bank covenants.