Waste Energy (WAST) has selected Texas as the location of its first waste-to-energy facility. The company will relocate its corporate headquarters to Houston, Texas, and is actively engaged in securing a site within the Houston Designated Market Area-widely recognized as the energy capital of the United States-for the launch of full-scale operations.The Houston DMA, the sixth-largest in the U.S., covers a population of over 7.1 million and serves nearly 2.8 million households. As one of the largest industrial centers in North America, the Houston region generates an estimated 1.2 million tons of plastic waste and over 25 million scrap tires annually-a volume more than sufficient to support multiple waste-to-energy systems over time. This abundance of feedstock, paired with Houston’s access to fuel buyers, refineries, and transportation hubs, makes the region a natural fit for WEC’s long-term growth strategy.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WAST:
