Waste to Energy International

What Waste to Energy International does

Waste to Energy International (WTEI) is a Tallinn, Estonia-based project development company that delivers end-to-end development, investment, and construction services for waste-to-energy (WTE) and alternative energy plants. Founded in 2013/2014, the company targets governments, municipalities, and project developers across Europe, Africa, the Middle East, and Asia, with a stated track record of 20+ constructed objects, 100+ developed projects, and $1.5B+ in total developed facility cost. Its core technology portfolio spans grate and fluidized bed incineration, the American-patented ENCORE advanced pyrolysis system, rotary kiln, gasification, and plasma arc gasification, sourced and integrated through partnerships with leading global EPC and equipment providers including CNIM, Martin, Von Roll, Air Liquide, ATI Industries, Konecranes, CNEEC, and CEEC.

WTEI operates a project development business model with four interlocking revenue streams: consulting services (feasibility studies and parametric financial models, typically three months per engagement), project development services from greenfield through commissioning, 100% project funding brought through long-term financial partners in the UK and Gulf countries (with returns via Power Purchase Agreements, Concession Agreement tipping fees, and occasionally carbon credits), and construction supervision via a Technical Interface Office (TIO) of 5–10 engineers deployed on-site. A modest self-serve revenue line exists through online WTE, solar, and wind financial models priced at EUR 599 per calculation. The company's go-to-market is enterprise field sales targeting sovereign and municipal clients, supported by a network of regional market partners in the USA, Australia, Ukraine, South Africa, Norway, Poland, and Russia.

WTEI is led by Director Mikhail Lyashenko and Management Board Member Igor Gergel, a PhD-qualified engineer with 30+ years of engineering management and 20+ years of direct WTE plant experience. The company is privately held with no disclosed parent, no funding rounds, and no publicly disclosed revenue. Operating geographies include Russia, South Korea, Italy, Romania, Australia, USA, Egypt, Ethiopia, South Africa, Argentina, Madagascar, Tunisia, and Victoria (Australia). Recent strategic activity centers on Gulf Region and Sub-Saharan African expansion through partnerships with TANA (September 2024), the ValoDéchets Initiative (November 2024), and BMGS (January 2025).

Name

Waste to Energy International

Legal name

Waste to Energy International OÜ

Website

https://wteinternational.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Waste to Energy International is a Tallinn-based project developer that delivers feasibility, development, 100% project financing, and construction supervision for waste-to-energy and alternative energy plants serving governments, municipalities, and project developers globally.

Ownership category

akta.pro rank

Product category

Waste-to-Energy Project Development & Construction

NAICS

Waste Treatment and Disposal (5622), Hazardous Waste Treatment and Disposal (562211), Waste Management and Remediation Services (562)

SIC

Refuse Systems (4953), Cogeneration Services & Small Power Producers (4991), Hazardous Waste Management (4955)

akta.pro primary industry

WtE Plant Development, EPC & O&M Services (Project delivery and operations) (EUAAAKAK)

akta.pro secondary industries

Industrial & Commercial Waste Incineration (Non-hazardous) (EUAAAKAC), Waste-to-Energy CHP & District Heating Integration (Heat offtake systems) (EUAAAKAH), Air Pollution Control (APC) & Flue Gas Cleaning for WtE (Scrubbers, baghouses, NOx, mercury, dioxins) (EUAAAKAI), Energy Recovery & Power Island Systems (Boilers, turbines, generators, condensers) (EUAAAKAL)

Keywords

• Waste-to-energy development
• Alternative energy projects
• Advanced pyrolysis technology
• Thermal waste treatment
• Project development consulting

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Consulting Services: Feasibility studies and financial modeling for alternative energy projects. Includes market review, technical feasibility, commercial feasibility, and financial feasibility components. Typically takes three months to complete.
2. Project Development: End-to-end development services from greenfield to commissioning, including technology selection, EPC provider identification, and project structuring.
3. Alternative Energy Investments: Bringing 100% funding for viable projects through long-term financial partners. Revenue generated through development fees during construction period and equity returns from completed projects. Returns via energy tariffs (Power Purchase Agreement), tipping fees (Concession Agreement), and sometimes carbon credits.
4. Construction Supervision: Professional construction supervision services during design, procurement, assembly, construction, and commissioning phases. Technical Interface Office (TIO) services to protect project shareholder and investor interests.
5. Online Financial Models: Waste-to-energy and solar financial model online services for evaluation of financial feasibility. EUR 599 per calculation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Waste to Energy International (WTEI) is a project development company providing end-to-end services for waste-to-energy and alternative energy plants, including feasibility studies, project development, 100% project funding through long-term financial partners, and construction supervision. The company supplies technology solutions such as the patented ENCORE Advanced Pyrolysis system, gas turbines, and Bale Packing Systems, and operates online financial modeling services for waste-to-energy, solar, and wind projects.

Product overview

Waste to Energy International (WTEI) is a project development company providing end-to-end services for alternative energy facilities, not a single unified software product. The portfolio comprises consulting services (feasibility studies, financial models), development services (project development, technology selection), investment services (100% project funding), and construction supervision. Key technology offerings include the ENCORE Advanced Pyrolysis Technology for waste-to-fuel conversion, Bale Packing System BPS-2 for waste compaction, and Gas Turbines for power generation. Online services include Waste-to-Energy Financial Model and Solar Financial Model tools. WTEI implements waste-to-energy plants (MSW, medical, industrial), recyclables processing facilities, landfill rehabilitation, and advanced pyrolysis plants using incineration and pyrolysis technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• ENCORE Advanced Pyrolysis Technology American-patented advanced pyrolysis system for converting municipal solid waste, sludge, tires, plastic, biomass, coal, cow manure, medical waste, and industrial waste into synthetic fuels (diesel oil, jet fuel, wax, heat oil) or electricity, with high-quality carbon black as a byproduct.
• Bale Packing System BPS-2 Waste packing system providing efficient compaction of different types of waste including municipal solid waste, wood chips, and other materials, intended for waste-to-energy and waste management facilities.
• Gas Turbines Power generation equipment represented by gas turbines for waste-to-energy and alternative energy facilities, used to convert combustion or process outputs into electricity.
• Waste-to-Energy Financial Model Online financial model tool that evaluates the financial feasibility of a waste-to-energy plant, calculating IRR, NPV, ROI, and other efficiency ratios based on user-provided project parameters.
• Solar Financial Model Online financial model tool for evaluating the financial feasibility of solar power projects, calculating efficiency ratios including IRR, NPV, and ROI based on user-provided parameters.
• Feasibility Study for Investments Comprehensive feasibility study service covering market review, technical feasibility, commercial feasibility, and financial feasibility for alternative energy projects, used to secure project financing.
• Financial Models for Alternative Energy Fully parametric financial modeling service for alternative energy projects with parameters varying across three model types to evaluate waste-to-energy, solar, and wind project economics.
• Development of Alternative Energy Projects Project development service including feasibility studies, financial models, technology selection, and investments in alternative energy projects, specializing in waste-to-energy using incineration and pyrolysis technologies.
• Alternative Energy Investments Investment service bringing 100% of funding necessary for constructing viable alternative energy plants, with returns generated through energy tariffs, tipping fees, and carbon credits via long-term financial partners.
• Construction Supervision Professional construction supervision service including design project, procurement, assembling, construction, and commissioning support through WTEI's Technical Interface Office (TIO) team of 5-10 on-site engineers.

Quantifiable outcome

• European WTE plants work at Feasibility Coefficient of 200-260 USD (FIT 120-140 USD/MWh + TF 80-100 USD/ton)
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

17 partnerships are on record, tiered strategic, core and regional.

• ValoDéchets (Madagascar)strategicStrategic or Co-development Partner · 15 November 2024WTEI joined Madagascar's ValoDéchets Initiative to launch pyrolysis project, supported by international development organizations.
• CNEEC (China National Energy Engineering Group)coreTechnology or IntegrationEngineering and procurement partner providing equipment and construction capabilities for waste-to-energy projects. Listed in WTEI's partner carousel of world-class technology providers.
• CNIMcoreTechnology or IntegrationFrench technology provider holding approximately 55% of world market for incineration technology. Supplies core technology solutions for waste-to-energy plants.
• MartincoreTechnology or IntegrationGerman technology provider with 80% of world market for incineration technology. Supplies core technology solutions including furnaces and boiler systems.
• Von RollcoreTechnology or IntegrationSwiss company with leading positions in incineration industry for decades. Supplied secondary equipment for MSW Plant 4 Moscow including furnaces, boilers, and automation components.
• Air LiquidecoreTechnology or IntegrationAcquired Hölter technology and provides fluidized bed incineration equipment. Supplies main technology for MSW Plant 4 Moscow.
• KonecranescoreTechnology or IntegrationFinnish world-leading supplier of overhead cranes. Supplied cranes with grabs for waste loading at MSW Plant 4 Moscow.
• ATI IndustriescoreTechnology or IntegrationFrench company with 90+ years of experience and 3,000+ installations worldwide. Provides rotary kiln technology for medical and hazardous waste processing.
• TANAstrategicTechnology or IntegrationPartnership announced in September 2024 for Gulf Region expansion. TANA represented by Vice President Henri Kinnunen.
• CEEC (China Energy)coreTechnology or IntegrationCollaboration announced March 2023 for Egypt waste-to-energy project. CEEC is EPC contractor with approximately $50 billion USD annual turnover.
• BMGSstrategicTechnology or IntegrationStrategic cooperation announced January 2025 for EPC services to enhance waste-to-energy projects.
• AZOTUSAregionalChannel Partner/ Reseller/ DistributorMarket partner in USA (San Francisco, California). Contact: Oleg Popok, Vice-President. Provides local consultation and project support for WTE projects.
• BATRACCORDAUSTRALIAregionalChannel Partner/ Reseller/ DistributorMarket partner in Australia (Dee Why, NSW). Contact: Andrew Batrac, Founder. Provides local consultation and project support.
• BOSNER SP. Z O.O.regionalChannel Partner/ Reseller/ DistributorMarket partner in Poland (Warsaw). Contact: Boris Yurchenko, CEO. Provides local consultation and project support.
• INVESTMENT-ECOLOGY COMPANYregionalChannel Partner/ Reseller/ DistributorMarket partner in Ukraine (Lviv). Contact: Olgerd Timofeev, Director. Provides local consultation and project support.
• ENNOVATIONregionalChannel Partner/ Reseller/ DistributorMarket partner in South Africa (Durban). Contact: David Cilliers, Managing Member. Provides local consultation and project support.
• THERMONORDIC ASregionalChannel Partner/ Reseller/ DistributorMarket partner in Norway (Oslo). Contact: Victoria Ghica. Provides local consultation and WTE solutions in Nordic region.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Attero: Dutch waste-to-energy and recycling company operating WtE plants primarily in the Netherlands and select EU countries. Comparable operating model (municipal feedstock, energy/tipping-fee revenue) for benchmarking EU WtE unit economics.

Emerging players

• Anaergia: Canadian-listed developer of organic-waste-to-energy and waste-treatment facilities. Smaller and earlier-stage than WTEI but competes in waste-to-energy project development and operations with a similar municipal/private-finance model.

Broad incumbents

• Veolia Environmental Services: World's largest waste-management operator with significant WtE development, financing, and operation activities. Competes with WTEI for municipal waste-to-energy concessions in EMEA and emerging markets.
• Fortum Waste Solutions: Division of Fortum operating WtE plants and hazardous-waste treatment facilities across the Nordics and Europe. Direct municipal WtE competitor with deeper balance sheet but smaller in advanced pyrolysis/synfuel than WTEI's offering.
• SUEZ Recycling and Recovery: Global waste-management and energy-from-waste incumbent operating WtE plants across Europe and beyond. Larger, broader portfolio, but overlaps directly with WTEI on municipal WtE project development and operation.
• Keppel Seghers: Singapore-based EPC contractor for waste-to-energy and advanced waste-treatment plants globally. Similar project-development, financing-arrangement, and EPC-supervision model to WTEI, with broader corporate backing.
• China Tianying (CNIE): China's largest waste-to-energy plant builder and operator with the largest installed base globally. Competes with WTEI primarily in emerging-market WtE tenders where Chinese EPCs often win on price.

Direct peers

• Martin GmbH für Umwelt- und Energietechnik: German WtE furnace/boiler supplier with ~80% world market share in its segment. Like CNIM, it both supplies WTEI and competes by offering direct EPC-style projects, making it a directly comparable WtE plant developer/technology provider.
• Hitachi Zosen Inova: Swiss-based global leader in waste-to-energy plant development and EPC, with hundreds of built references worldwide. Direct competitor to WTEI's plant-development and construction-supervision business, serving the same municipality and developer clients.
• CNIM: French EPC and technology supplier holding ~55% of the world market for waste-to-energy incineration technology. CNIM both partners with and competes directly with WTEI by selling turn-key WtE plants to municipal clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/WTE_Intl
• Facebookfacebook.com/WasteToEnergyInternational
• LinkedInlinkedin.com/company/waste-to-energy-international

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waste to Energy International