{"success":true,"data":{"pressRelease":{"id":"124813","rtpr_id":"nPre6CgrMa","ticker":"MYTHF","exchange":"OTC","all_tickers":["MYTHF"],"title":"METLEN conducts First Fire on Waste at the Protos ERF plant in Cheshire","author":"PR Newswire","published_at":"2026-08-21T10:02:55.573Z","article_body":"METLEN conducts First Fire on Waste at the Protos ERF plant in Cheshire\nPR Newswire\n\nATHENS, Greece and LONDON, Aug. 21, 2026\n\nATHENS, Greece and LONDON, Aug. 21, 2026 /PRNewswire/ -- METLEN \n(http://www.metlen.com/)has successfully conducted the first fire on waste at\nthe Protos Energy Recovery Facility it is developing for Encyclis in Cheshire.\nFirst fire is a major milestone which confirms that the state-of-the-art plant\nhas now entered the final stages of hot commissioning.\n\n\n\nProtos ERF, once fully operational, will have the capacity to process 500,000\ntonnes of non-recyclable waste per year, generating up to 49.9MW of baseload\nelectricity, enough to power up to 90,000 homes.\n\nThe process supports the circular economy by recovering resources from\nhousehold and commercial waste that remains after recycling (residual waste).\nAs well as generating baseload electricity, bottom ash from the combustion\nprocess is turned into secondary aggregates for construction and ferrous and\nnon-ferrous metals are extracted for reuse.\n\nMETLEN has been acting as a strategic turnkey partner at the project,\nundertaking the design and execution on behalf of Encyclis, and in partnership\nwith Standardkessel Baumgarte GmbH. The project was the Company's first\nWaste-to-Energy project and involved multiple technical challenges and\ncomplexities. The achievement of first fire on waste was made possible thanks\nto the established expertise of METLEN's people, despite the time and cost\nchallenges that arose during the execution of the project, to which the\nCompany has already referred extensively.\n\nThe first fire on waste at this complex project confirms the benefits of\nbringing the former M Renewables and M Power Projects together under the\nsingle M RESET platform.\n\nIn a particularly demanding environment for the European construction and\nenergy infrastructure sector, marked in recent years by material cost\ninflation, supply-chain pressures and increased challenges in delivering\ncomplex projects, METLEN reaffirms through M RESET that it is one of the few\ncompanies capable of delivering complex thermal power projects with discipline\nand perseverance despite adversity, earning the respect of the market.\n\nThe restructuring of M RESET and the addition of high-quality talent provide a\nstrong foundation for continuing the Company's long-standing track record in\nthe sector. At the same time, before undertaking any new thermal power\nproject, all necessary steps will have been taken to ensure delivery \"on time\nand on budget\", as has always been the Company's motto.\n\nMETLEN has maintained a strong presence in the UK energy market for more than\na decade, with more than 90 projects completed or currently being executed,\nincluding photovoltaic parks, battery energy storage systems, grid works, as\nwell as gas-fired peaking plants, a Synchronous Condenser facility and two\nHVDC converter stations at the landmark EGL1 project.\n\nView original content to download\nmultimedia:https://www.prnewswire.co.uk/news-releases/metlen-conducts-first-fire-on-waste-at-the-protos-erf-plant-in-cheshire-302857254.html\n\n\n\nMs. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax +30210-6877400 | E-mail: Antigoni.fakou@metlen.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1872059/Metlen-Logo.jpg?id=OA2901660\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPre6CgrMa","title":"METLEN conducts First Fire on Waste at the Protos ERF plant in Cheshire","author":"PR Newswire","ticker":"MYTHF","created":"2026-08-21T10:02:55.573Z","tickers":["MYTHF"],"exchange":"OTC","article_body":"METLEN conducts First Fire on Waste at the Protos ERF plant in Cheshire\nPR Newswire\n\nATHENS, Greece and LONDON, Aug. 21, 2026\n\nATHENS, Greece and LONDON, Aug. 21, 2026 /PRNewswire/ -- METLEN \n(http://www.metlen.com/)has successfully conducted the first fire on waste at\nthe Protos Energy Recovery Facility it is developing for Encyclis in Cheshire.\nFirst fire is a major milestone which confirms that the state-of-the-art plant\nhas now entered the final stages of hot commissioning.\n\n\n\nProtos ERF, once fully operational, will have the capacity to process 500,000\ntonnes of non-recyclable waste per year, generating up to 49.9MW of baseload\nelectricity, enough to power up to 90,000 homes.\n\nThe process supports the circular economy by recovering resources from\nhousehold and commercial waste that remains after recycling (residual waste).\nAs well as generating baseload electricity, bottom ash from the combustion\nprocess is turned into secondary aggregates for construction and ferrous and\nnon-ferrous metals are extracted for reuse.\n\nMETLEN has been acting as a strategic turnkey partner at the project,\nundertaking the design and execution on behalf of Encyclis, and in partnership\nwith Standardkessel Baumgarte GmbH. The project was the Company's first\nWaste-to-Energy project and involved multiple technical challenges and\ncomplexities. The achievement of first fire on waste was made possible thanks\nto the established expertise of METLEN's people, despite the time and cost\nchallenges that arose during the execution of the project, to which the\nCompany has already referred extensively.\n\nThe first fire on waste at this complex project confirms the benefits of\nbringing the former M Renewables and M Power Projects together under the\nsingle M RESET platform.\n\nIn a particularly demanding environment for the European construction and\nenergy infrastructure sector, marked in recent years by material cost\ninflation, supply-chain pressures and increased challenges in delivering\ncomplex projects, METLEN reaffirms through M RESET that it is one of the few\ncompanies capable of delivering complex thermal power projects with discipline\nand perseverance despite adversity, earning the respect of the market.\n\nThe restructuring of M RESET and the addition of high-quality talent provide a\nstrong foundation for continuing the Company's long-standing track record in\nthe sector. At the same time, before undertaking any new thermal power\nproject, all necessary steps will have been taken to ensure delivery \"on time\nand on budget\", as has always been the Company's motto.\n\nMETLEN has maintained a strong presence in the UK energy market for more than\na decade, with more than 90 projects completed or currently being executed,\nincluding photovoltaic parks, battery energy storage systems, grid works, as\nwell as gas-fired peaking plants, a Synchronous Condenser facility and two\nHVDC converter stations at the landmark EGL1 project.\n\nView original content to download\nmultimedia:https://www.prnewswire.co.uk/news-releases/metlen-conducts-first-fire-on-waste-at-the-protos-erf-plant-in-cheshire-302857254.html\n\n\n\nMs. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax +30210-6877400 | E-mail: Antigoni.fakou@metlen.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1872059/Metlen-Logo.jpg?id=OA2901660\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-21T10:02:55.632832011Z","server_sent_at_ms":1787306575632},"received_at":"2026-08-21T10:02:55.683Z","source_url":null},"analysis":{"id":"113778","press_release_id":"124813","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":["time and cost challenges arose during the execution of the project"],"eventType":"operations_update","narrative":"METLEN successfully conducted the first fire on waste at the Protos Energy Recovery Facility in Cheshire, marking a major milestone that places the plant in its final stages of hot commissioning. Once fully operational, the facility will have the capacity to process 500,000 tonnes of non-recyclable waste per year and generate up to 49.9MW of baseload electricity.\n\nThe project is being developed for Encyclis, with METLEN acting as the strategic turnkey partner in collaboration with Standardkessel Baumgarte GmbH. This achievement confirms the benefits of the consolidated M RESET platform, which combines the former M Renewables and M Power Projects.\n\nMETLEN has maintained a presence in the UK energy market for over a decade, currently executing or having completed more than 90 projects. The company reaffirmed its capability to deliver complex thermal power projects in a demanding infrastructure environment characterized by inflation and supply-chain pressures.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Protos ERF achieves first fire milestone, validating METLEN's turnkey delivery despite prior delays."},"keyFigures":{"customDimensions":{"homes_powered":90000,"uk_projects_count":90,"generation_capacity_mw":49.9,"capacity_tonnes_per_year":500000}},"quotedText":"First fire is a major milestone which confirms that the state-of-the-art plant has now entered the final stages of hot commissioning.","namedEntities":{"people":[{"name":"Ms. Antigoni Fakou","role":"Press Office"}],"products":["Protos ERF","M RESET"],"companies":[{"name":"METLEN"},{"name":"Encyclis","relationship":"client"},{"name":"Standardkessel Baumgarte GmbH","relationship":"partner"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Achieving 'first fire on waste' is a critical milestone for the 49.9MW Protos ERF plant, moving it into the final stages of hot commissioning. This validates METLEN's engineering and turnkey execution capability on a major infrastructure project, despite previously disclosed time and cost challenges."},"tickerRelevance":{"others":[],"primary":"MYTHF"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"operational-milestone","sectorWeight":"infrastructure"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"METLEN successfully conducted the first fire on waste at the Protos Energy Recovery Facility in Cheshire, marking a major milestone that places the plant in its final stages of hot commissioning. Once fully operational, the facility will have the capacity to process 500,000 tonnes of non-recyclable waste per year and generate up to 49.9MW of baseload electricity.\n\nThe project is being developed for Encyclis, with METLEN acting as the strategic turnkey partner in collaboration with Standardkessel Baumgarte GmbH. This achievement confirms the benefits of the consolidated M RESET platform, which combines the former M Renewables and M Power Projects.\n\nMETLEN has maintained a presence in the UK energy market for over a decade, currently executing or having completed more than 90 projects. The company reaffirmed its capability to deliver complex thermal power projects in a demanding infrastructure environment characterized by inflation and supply-chain pressures.","key_figures":{"customDimensions":{"homes_powered":90000,"uk_projects_count":90,"generation_capacity_mw":49.9,"capacity_tonnes_per_year":500000}},"named_entities":{"people":[{"name":"Ms. Antigoni Fakou","role":"Press Office"}],"products":["Protos ERF","M RESET"],"companies":[{"name":"METLEN"},{"name":"Encyclis","relationship":"client"},{"name":"Standardkessel Baumgarte GmbH","relationship":"partner"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-21T10:05:46.843Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-mid-cap","eventGravity":"operational-milestone","sectorWeight":"infrastructure"}},"durationMs":116487,"modelName":"glm-4.7"}}