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Averda
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Short description

Provider of integrated waste, resource management, and environmental solutions in the MENA region

Founded in 1964
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Lebanon Beirut, Lebanon
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Parent Companies

Updated by Cleantech Group on 11/28/2022

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  • 1 M&A items
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Date Company
Partnerships
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Date Partner Type
07/16/2013
General Electric General Electric
GE's Jenbacher gas engine technology will be used in Lebanon in landfill gas-to-energy (LFGTE) project. The project will be operated by Averda International.
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Confirmed by General Electric
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Investment Rounds
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IPO INFORMATION

Date

04/28/2022

IPO status

Speculated

IPO Type

IPO

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

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Description

Averda begins talks with Better World Acquisition Corp. to go public. On April 28, they abandoned their previous plans to enter into a SPAC merger in favor of an IPO

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Products
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Product image Name Product status Revenue model Cost metrics

Waste Collection and Disposal

A service collecting waste from commercial, industrial, residential, transportation, healthcare, construction, hospitality and retail sectors.

Wide Commercial Availability Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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