Announced
Synopsis
Equitix, global investor, developer, and long-term fund manager of core infrastructure assets, agreed to acquire an additional stake in Viridor, an operator of Energy-from-Waste facilities, from KKR, a global investment firm. Financial terms were not disclosed. "This transaction marks an important milestone, setting the path for Equitix to achieve a 50% stake in Viridor Group. It reflects our confidence in Viridor as a best-in-class waste-to-energy platform and a vital part of the UK’s critical infrastructure. We value our strong strategic partnership with KKR and Viridor’s outstanding management team. This transaction also underscores the unique follow-on opportunities within our portfolio, which we will continue to deliver for our clients," Achal Bhuwania, Equitix CIO.
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