Investment Committee Briefing · May 2026
G+ Urban Mining Platform
Egypt's Largest Circular Economy Portfolio
16 integrated SPVs · 2.997+ Mt/yr waste processed · Conservative carbon revenue at €10/tCO₂
EU Taxonomy aligned · IFC Performance Standards compliant · EBRD-eligible
BOO · BOT · PPP structures
Investment Decision: Board Approved
DFI consortium: IFC / EBRD
FX hedge: 88% OPEX EGP-denominated
€1,085M
Total Portfolio CAPEX
40%
Weighted IRR (2026–2037)
€7,494M
10-Year Total Revenue
28Mt
CO₂ Avoided Till 2037
Platform Architecture — Three-Tier Integrated Structure
Holding · Enabling Services · 13 Operating SPVs
Tier 1 — Holding
Granada Plus Asset Management
Group treasury · governance · EU relations
Central digital platform (TraceNet IoT + Blockchain)
IFC PS-aligned governance framework
Big-4 external audit + Board Audit Committee
Tier 2 — Enabling Services · €33M CAPEX
3 Shared-Service SPVs
Platform, R&D, EU offtake hub
P14 GPlus Digital Platform (App + SaaS)
P15 R&D Centre — Smart Village Cairo
P16 TASK PLUS Spain — EU trading hub, Valencia
Tier 3 — Operating SPVs · €1,052M CAPEX
13 Industrial Recycling Plants
E-Waste · Battery · Plastics · Paper · Glass · Hazardous · C&D · Tires · Agri · EcoPark · rPET · Animal · MRFs
IRR range: 22.8%–52% per project
Payback: 3–6.6 years
15 sites across Egypt + 1 EU hub
Portfolio Summary — All 16 SPVs · Till 2037
Full financial models available upon request
| # |
SPV Name |
CAPEX |
10Y Revenue |
EBITDA |
Margin |
IRR |
NPV |
Payback |
| P01 | E-Waste & PCB Recovery | €85M | €1,009M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P02 | Battery & Li-EV Recycling | €13.5M | €556M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P03 | Plastics rPET/HDPE/PP | €4M | €71.6M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P04 | Paper & Pulp | €14.3M | €165M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P05 | Glass Cullet Production | €3.2M | €32M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P06 | Chemical & Hazardous Recovery | €7M | €85M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P07 | C&D Aggregates Recycling | €16M | €135M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P08 | ELT Tyre Recycling | €12M | €102M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P09 | Agri Biorefinery (Rice Straw & Bagasse) | €412M | €1,920M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P10 | Mega EcoPark BOT 25y (SCZone) | €260M | €1,575M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P11 | rPET Chemical Recycling | €25M | €157M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P12 | Animal By-Products Biorefinery | €110M | €412M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P13 | Five MRFs PPP (5 Governorates) | €90M | €940M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P14 | GPlus Digital Platform (App + SaaS) | €15.8M | €206M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P15 | R&D Centre — Smart Village Cairo | €8.5M | €70M | ●●● | ●●● | ●●● | ●●● | ●●● |
| P16 | TASK PLUS Spain — EU Hub, Valencia | €8.7M | €58M | ●●● | ●●● | ●●● | ●●● | ●●● |
| PLATFORM TOTAL |
€1,085M |
€7,494M |
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ESG & Impact — Conservative Assumptions
Verra-aligned MRV · Blockchain-recorded per ton
28 Mt
CO₂ avoided till 2037
Conservative @€10/tCO₂
1,165
Direct FTEs created
30% female workforce target
12+ Mt
Waste diverted from landfill
Across 5 governorates
>75%
Local content — Egyptian
IFC PS-compliant
SDG 6 Clean Water
SDG 9 Industry
SDG 11 Sustainable Cities
SDG 12 Responsible Consumption
SDG 13 Climate Action
SDG 17 Partnerships
Why Egypt — Structural Tailwinds
Multiple overlapping advantages, not just cost arbitrage
Investment Law Art. 11
50% CAPEX tax deduction · Stability period · Free profit repatriation · BOT/BOO/PPP frameworks
FX Natural Hedge
88% OPEX in EGP · EGP devaluation improves margin · EUR revenue vs EGP cost · Stress-tested 53→90
EU Policy Demand Floor
CBAM premium on low-carbon imports · EU Battery Regulation recycled content quotas · CRMA critical materials demand
Market Scale
100+ Mt annual waste generation · <8% formally recycled · €12B MENA circular economy TAM by 2030
Strategic Location
Suez Canal — 12% of global trade · 4-day shipping to EU · CIF Rotterdam competitive freight
Regulatory Alignment
Egypt EPR Law 2024 · MSW National Strategy · Carbon Market Initiative (ECMI) · Vision 2030 CE pillar
Request Full Access — Financial Models & Information Memorandum
This portal provides an overview of the platform. Full investment documentation is available
to qualified institutional investors under NDA. Our team responds within 48 hours.
IC Deck (75 slides)
Per-SPV Financial Models (Excel)
Information Memorandum
ESG Due Diligence Pack
Technical Reports
Legal Structure Charts
Investor Relations — Contact
Granada Plus Asset Management
Primary Contact — Institutional Enquiries
EU Office
TASK PLUS Spain — Valencia, Spain (P16)
Operations HQ
Egypt — Smart Village Cairo (R&D Centre) · Suez Canal Economic Zone (P01, P10)
