Cashflow predictability, stability of the industry and new opportunities of turning waste into renewable energy are some of the factors driving EQT, a Stockholm, Sweden-headquartered PE firm, to invest in waste management, Juan Diego Vargas, partner at the firm’s infrastructure team told PE Hub.
Earlier in April, EQT portfolio company Covanta, a waste-to-energy provider, agreed to acquire Circon, a La Porte, Texas-based provider of environmental services, including waste management, from Kinderhook Industries.
