Closed Loop Partners (CLP) and Brookfield Renewable have established Circular Services, a developer of circular economy and recycling infrastructure in the United States.
Circular Services, which is majority owned and managed by Closed Loop Partners, owns and operates municipal recycling facilities that save billions of dollars spent annually on landfill disposal costs. Circular Services is expected to become the largest privately held recycling company in North America, and has major municipal and commercial contracts to recycle and reuse paper, metal, glass, plastic, organics, textiles and electronics in New York, New Jersey, Pennsylvania, Arkansas, Florida, Texas and Arizona. The company owns or operates 12 facilities, has several long-term municipal and commercial contracts, a total annual recycling capacity of more than 1 million tons, and a large pipeline of actionable growth opportunities.
“The United States has operated with a very linear system for product m