# Human Unitec International signs $40.8M agreement for Grone plant in Saudi Arabia

Human Unitec International signed a binding purchase agreement with Palladium Investments SA to build the first Grone waste-to-energy plant in Saudi Arabia for $40.8 million.

- Type: Contract
- Announced: 2020-06-11
- Where: Saudi Arabia, Saudi Arabia
- Value: $40.8M
- Status: announced
- Products: waste sorting and recycling plant (Grone), power generation, water desalination
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Human Unitec International](https://endata.com/companies/47808.md)
- [Palladium Investments SA](https://endata.com/companies/47809.md) (customer)

## Sources

- [centralcharts.com](https://www.centralcharts.com/en/294376-human-unitec-intl/news/2681783-human-unitec-international-inc-announces-binding-purchase-agreement-for-the-sale-of-the-first-of-six-grone-facilities-for-forty-million-eight-hundred-thousand-dollars-40-800-000), 2020-06-11: "On June 11, 2020, the Company has signed a Binding Purchase Agreement with Palladium Investments SA, of Lugano, Switzerland to build the first GRONE plant in Saudi Arabia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.