EQT, a private equity firm, led a $245m investment round in Cirba Solutions, an environmental services and recycling services provider. “This is a highly thematic investment for EQT given Cirba Solutions’ essential service offering and the critical role the company plays as part of US energy transition infrastructure. This investment will be made through EQT Infrastructure's environmental services platform, which today includes Covanta, a leading sustainable materials manager. The development of lithium-ion recycling capacity in North America is a core theme for EQT’s environmental services sector coverage. We are excited to partner with both Cirba Solutions and The Heritage Group and we look forward to working together to continue building a sustainable footprint for North America’s lithium-ion battery supply chain," JD Vargas, EQT Managing Director.