Losses from Interserve’s energy-from-waste disaster top £300m

By Dave Rogers2021-03-08T06:00:00

Latest accounts also show firm’s UK construction business racked up £100m-plus loss in 2019 after running into problems on London contracts

The scale of the energy-from-waste disaster at Interserve has been laid bare in its latest report and accounts with the firm’s losses from the sector now topping an astonishing £300m.

Its move into energy-from-waste (EfW) helped send it crashing into a pre-pack administration two years ago and in accounts filed for 2019, the firm said cumulative losses at EfW had hit £302.4m between 2015 and 2019.

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