Alberta Investment Management Corp. (AIMCo) has joined an Equitix-led transaction alongside GCM Grosvenor to acquire a 50 percent interest in Viridor Group from KKR, which retains a 50 percent interest in Viridor.
Viridor, the United Kingdom’s largest energy-from-waste platform, operates 12 energy-from-waste facilities across the region, with two additional facilities under construction. Viridor plays an important role in processing residual waste and generating energy through critical waste-management infrastructure.
The investor group said it was attracted to Viridor’s market-leading position, long-term contracted and inflation-linked cash flows, diversified operating footprint, and opportunities for future growth through its development pipeline.
“Viridor’s essential infrastructure assets, resilient utility-like characteristics and exposure to long-term themes such as resource recovery and decarbonization make it an attractive platform for sustainable
