EQT to Acquire Cleanaway Waste in $6.5 Billion Deal
Swedish investment firm EQT has agreed to acquire Australian waste management company Cleanaway Waste Management for approximately A$9.3 billion ($6.5 billion), including debt. The transaction will be executed through EQT's Infrastructure VI fund and involves the full acquisition of Cleanaway, a major player in Australia’s environmental services sector. The deal highlights growing interest from global private equity firms in infrastructure-related assets, particularly those with sustainable operations like waste management. Cleanaway operates across multiple states in Australia and provides integrated waste collection, recycling, and energy recovery solutions. The transaction is expected to strengthen EQT's presence in the region’s environmental services market. The acquisition underscores a broader trend of capital inflows into infrastructure sectors that align with ESG (Environmental, Social, Governance) goals.
Tickers: $EQT
Topics: acquisition infrastructure investment waste management