AECOM, Binnies and Ramboll joint venture appointed for Phase 2 of Singapore’s Integrated Waste Management Facility

Key Terms

waste-to-energy technical

Waste-to-energy describes facilities and technologies that turn household, industrial or organic waste into usable energy—such as electricity, heat or transport fuels—by burning it, capturing gases, or breaking it down biologically. Investors care because these projects can generate steady revenue from selling power and from fees charged to take waste, act like a dual-income asset that converts a disposal cost into a saleable product, while being shaped by regulation, fuel availability and capital costs.

carbon capture technical

Carbon capture is the process of removing carbon dioxide (CO2) from industrial emissions or the air and then storing it safely underground or turning it into useful products, like locking smoke from a factory into a sealed container or recycling it into new material. Investors care because the technology can cut a company’s reported emissions, create new revenue streams or credits, and reduce regulatory or climate-related risk, all of which affect future costs and valuations.

resource recovery technical

Resource recovery is the process of extracting usable materials, energy, or value from waste streams—like turning scraps, wastewater, or discarded products back into sellable inputs or fuel. Investors care because it can lower operating costs, create new revenue streams, reduce regulatory and disposal risks, and improve a company’s long-term resilience and sustainability, much like salvaging reusable parts from old appliances turns trash into profit.

water reclamation technical

Water reclamation is the process of cleaning used water—such as sewage, industrial runoff, or stormwater—so it can be safely reused for drinking, irrigation, industrial processes, or environmental flows. Think of it like recycling bottles but for water: it reduces demand on fresh sources and lowers long-term operating costs and regulatory risks, which matters to investors because it can drive capital spending, revenue streams, permits, and resilience for utilities and companies that rely on water.

incineration systems technical

Incineration systems are industrial facilities that burn solid, liquid or medical waste at high temperatures to reduce volume and sometimes generate heat or electricity, like a giant oven destroying unwanted material. For investors, they matter because they carry large upfront and operating costs, require strict environmental permits, and pose regulatory and liability risks — but can also create steady revenue if they sell recovered energy or waste-treatment services.

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DALLAS--(BUSINESS WIRE)-- A joint venture between AECOM (NYSE: ACM), Binnies and Ramboll today announced that it has been appointed by Singapore’s National Environment Agency (NEA) to deliver multi-disciplinary consultancy services for Phase 2 of the Integrated Waste Management Facility (IWMF). The facility will be a sustainable, highly advanced waste disposal facility that is integral to NEA’s long-term plans to meet Singapore’s future solid waste management needs.

Building on its role as Owner’s Engineer for Phase 1 of IWMF, which is currently being delivered by a team led by AECOM and Binnies with support from Ramboll, the joint venture will support the next phase of this nationally-significant project, located within Tuas Nexus — Singapore’s first integrated water reclamation and solid waste treatment facility.

Phase 2 will be designed to process up to 2,900 tons of waste per day, converting waste into energy while supporting resource recovery and exploring future carbon capture integration. IWMF’s co-location with the Tuas Water Reclamation Plant supports energy and resource recovery, reduces environmental impact and makes efficient use of space in land-scarce Singapore.

The joint venture will deliver services across planning, design, procurement support, construction supervision, and testing and commissioning. Drawing on its experience from Phase 1, the team will apply a refined multi-contract delivery approach that supports safe, efficient project execution.

Ian Chung, Chief Executive of AECOM’s Asia region, said: “The IWMF is a landmark project that reflects Singapore’s leadership in sustainable resource management. As Owner’s Engineer for Phase 1, we bring a strong understanding of the site, deep knowledge of the design and construction requirements, and its importance to Singapore. Together with our partners, we draw on global experience delivering complex, integrated infrastructure to support Singapore’s long-term growth and its sustainability ambitions.”

William Yong, Binnies Singapore Managing Director, said: “This new phase at Tuas Nexus combines the expertise of leaders in waste-to-energy engineering from AECOM, Binnies and Ramboll. Our team brings its global and local experience and proficiency in project management and construction supervision to support the development of this cutting-edge waste, water and energy processing system. The IWMF will play a significant role in the sustainable handling of municipal waste from across Singapore, making full use of the potential for energy generation on site through its advanced incineration systems, while exploring the infrastructure’s suitability for future carbon capture capabilities.”

Nick Fellows, Ramboll’s Managing Director for APAC, said: “As joint venture partners, we are honored to continue supporting NEA in delivering Phase 2 of the IWMF. By combining our regional strengths and global expertise, the partnership will deliver innovative and efficient waste-to-energy solutions. Together, we will work to realize the project benefits and set a new standard for resource recovery in the region and beyond.”

The joint venture combines local project experience with global waste-to-energy knowledge and practical experience, having delivered more than 200 facilities worldwide. Its continued involvement across both phases brings familiarity with site conditions, stakeholder requirements and the broader Tuas Nexus development.

Once completed, IWMF Phase 2 will play a key role in implementing Singapore’s integrated approach to waste and water management.

About AECOM

AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle — from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.

About Binnies

At Binnies (www.binnies.com), we create new possibilities for humanity through our innovative approach to delivery. Backed by a culture that has stayed true since the company’s founding over 100 years ago, Binnies develops intelligent water and environmental solutions using a whole-life-cycle approach to deliver functional infrastructure and lasting environmental and social legacies. We strive to elevate the quality of life for our local communities today and for generations to come.

Binnies is an RSK Group company.

About Ramboll

Ramboll is a global architecture, engineering and consultancy company founded in Denmark in 1945. Ramboll’s more than 18,000 experts create sustainable solutions across Buildings, Transport, Architecture & Landscape, Water, Environment & Health, Energy and Management Consulting. Across the world, Ramboll combines local experience with a global knowledgebase to create sustainable cities and societies. We combine insights with the power to drive positive change to our clients, in the form of ideas that can be realised and implemented. We call it: Bright ideas. Sustainable change. Read more on ramboll.com.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; government shutdowns; changes in administration or other funding directives and circumstances that cause governmental agencies to modify, curtail or terminate our contracts; government contracts are subject to audits and adjustments of contractual terms; long-term government contracts are subject to uncertainties related to government contract appropriations; losses under fixed-price contracts; limited control over operations run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; our capital allocation strategy, including our ability to continue payment of dividends and purchase stock; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and inadequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and any future proceeds owed to us as part of the transactions could be lower than we expect; risks associated with our strategic initiatives, including AI investments and potential acquisitions and divestitures; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260520035411/en/

Media Contact:
Brendan Ranson-Walsh
Global Head of Communications
1.213.996.2367
Brendan.Ranson-Walsh@aecom.com

Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
William.Gabrielski@aecom.com

Source: AECOM