Masdar-Tribe joint venture secures AUD48.2 million Australian Government grant for Maryvale Energy-from-Waste Facility

Masdar Tribe Australia—a joint venture between Masdar, an Abu Dhabi-based renewable energy company, and Tribe Infrastructure Group, an infrastructure advisory firm—secured an AUD48.2 million grant from the Australian Government for its Maryvale Energy-from-Waste (EfW) facility.

The facility, located in Victoria’s Latrobe Valley near Opal Australian Paper’s Maryvale Mill, will process around 325,000 tonnes of non-recyclable residual waste per year, converting it into steam and electricity to power manufacturing operations at the adjacent mill. The project has an estimated investment of over AUD600 million and is scheduled to begin construction in the second half of 2022.

The Maryvale EfW facility represents Australia's first combined heat and power solution of this scale, integrating high-efficiency energy recovery with manufacturing processes. This integration will significantly reduce greenhouse gas emissions by approximately 270,000 tonnes annually and provide enough energy to power around 50,000 homes.

Edward Nicholas, General Manager of Masdar Tribe Australia, acknowledged the grant, emphasizing the project’s contribution to Australia's circular economy and emissions reduction targets. He noted that the facility will create more than 500 jobs across Victoria, including 450 in Gippsland during construction and over 60 permanent positions upon completion.

This grant was awarded as part of Australia’s Modern Manufacturing Initiative, designed to support innovative projects that strengthen local industries.

Masdar and Tribe established their joint venture in 2020, specifically targeting the development of energy-from-waste projects in Australia. The Maryvale project follows the joint venture’s previous announcement of the East Rockingham Waste-to-Energy facility in Perth, which will process approximately 300,000 tonnes of non-recyclable waste annually upon completion.