I Squared Capital, through its ISQ Global Infrastructure Fund III, has agreed to acquire a majority interest in SOILCO Pty. Ltd, a firm in the organics-recycling industry in Australia, from its shareholders, and has committed a $300 million more to support the platform’s growth across the country.
This investment aligns well with Australia’s National Waste Policy Action Plan 2019, which seeks to halve the amount of organic waste placed in landfills by 2030, with a potential to divert approximately 2.7 million tons of organic waste every year.
SOILCO has more than 30 years of operational experience in waste processing from designing, building and operating facilities. It helps households and businesses reduce landfill use by transforming organic waste into high quality soil health products for agriculture and urban market applications such as turf, landscaping and gardening.
“Our investment in SOILCO is the first step in building a state-of-the-art waste-pr