Equitix takes further stake in Viridor

Infrastructure investor Equitix has agreed to acquire an additional stake in waste management firm Viridor Energy.

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Equitix and New South Wales government financial services provider, TCorp, have agreed to acquire an additional stake from KKR, bringing their combined share of the business to 35%.

The deal means Equitix and TCorp will co-own 11 energy from waste sites around the UK, bolstering Equitix’s renewable energy portfolio.

“By controlling the treatment of non-recyclable waste that would otherwise go to landfill, Viridor Energy plays a crucial role in decarbonisation efforts, having already avoided almost one million tonnes of carbon emissions,” Equitix said.