Annual Report 2010 - AdP

Another one of the objectives of this mandate was to bring about, through EGF, the sub-holding responsible for the waste area, the
resolution of some of the environmental legacies that the state holds responsibility for, specifically within the framework of the Arco
Ribeirinho Sul. Correspondingly, in 2009, EGF integrated into two complementary business groupings, Quimiparque and
SNESGES/Urbindústria, with the objective of promoting the decontamination of soils in the Barreiro Business Park and a former steel
plant. Currently, studies on the characterisation of the level of soil and subterranean water contamination at both sites, as well as
evaluation of the respective risks, are reaching completion phase.
Additionally within this field, in 2010, applications to POVT were submitted and approved for the implementation of the 2nd phase
- Contaminated Soil Removal, Transport and Deposit in Landfills. With the conclusion of characterisation and risk evaluation studies,
2011 is expected to see the applications presented as regards the implementation of the planned remedial measures.
Furthermore, there is the AMISM project, a partnership with the municipalities on the island of São Miguel in the Azores for MSW
treatment, submitted for the approval of the authorities in December.
The objectives of the AdP Group’s renewable energy activities include maximising energy recovery from group assets and endogenous
resources and contributing to the sustainable development of its companies, rationalising energy consumption and reducing or
offsetting their greenhouse gas emissions.
In order to implement this mission, a group company, Reciclamas, which was already dedicated to sludge recovery, was reconverted
with the founding of AdP Energias - Energias Renováveis e Serviços Ambientais, S.A. in 2010.
AdP Energias undertakes projects able to produce RDFs (refuse-derived fuels) and water and wastewater treatment plants (Selective
Waste to Energy Plants), for the recovery of low temperature heat (Rankine organic cycle technology), to capitalise on hydro-electric
means (peak hydric and micro-hydric) and the production of energy via biomass and photovoltaic solar energy (both traditional
technologies and photovoltaic solar technologies).
In parallel, AdP Energias provides support services for group companies seeking energy efficient solutions, in the optimisation of
energy production in already existing installations and equipment and in the development of regional and local solutions for the
environmentally correct and energy efficient handling of water and wastewater treatment plants sludges.
Within this field, particularly relevant support has been provided not only to facilitate access to energy efficient financial incentive
programmes under the auspices of the Energy Efficient Promotion Plan but also in technical support for the optimisation of biogas
management resulting from anaerobic digestion processes, for the licensing of installations and energy delivery points as well as
developing sludge drying and treatment projects through recourse to solar energy.
In the international area, the group embarked on an adjustment process as regards its market participation, based upon the experience
built up over years and favouring partnerships based upon business plans approved by the respective parties without ever losing
sight of the public nature and the need to concentrate attentions on core activities and ensure the sustainability of group operations.
Group international activities are carried out by AdP Internacional where the main approaches involve the consolidation of existing
projects within a logic of sustained business growth and the minimisation of investment risks and a fee-based perspective. The
company opts in favour of expansion in new businesses in markets where the company already holds a significant presence or
relevant experience with management focusing upon the creation of shareholder value and consequently on the development of
new economically sustainable businesses.
Within this context, the group has divested non-sustainable projects, closed loss-making operations and reduced the risk of
participation in international markets.
At the end of 2010, in keeping with the interest demonstrated by the Mozambican government, through its Water Supply Investment
and Legacy Fund (FIPAG), AdP transferred its stake in the share capital of the company Águas de Moçambique, in an operation
already concluded by March 2011, with the effective handing over of the shares, resulting in a positive financial result.
Within the international portfolio of operations, the group’s profile in the Angolan market has been boosted following the awarding
of three contracts in 2010 signed with the National Directorate of Water Supply and Sanitation of the Ministry of Energy and Water,