Announced
Financials
Sources
Tags
Waste and Disposal Services
Minority
Pending
Single Bidder
Italy
Acquisition
Private Equity
Private
waste management
Friendly
Cross Border
Synopsis
PATRIZIA, a partner for global real assets, agreed to acquire a 40% stake in Greenthesis, an independent and fully integrated waste management company, for €136m. "We are incredibly excited to strengthen our footprint in Europe’s circular economy with our investment in Greenthesis, which is not only Italy’s leading independent waste management player, but a highly complementary partner for PATRIZIA’s growing energy-from-waste platform. With our future communities and societies shaped by the drive to low carbon economies, innovative green energy solutions that support the global energy transition will provide attractive investment opportunities that deliver sustainable long-term returns for investors," Matteo Andreoletti, PATRIZIA Head of Infrastructure Equity for Europe and North America.
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