AIMCo joins Equitix-led investment in Viridor

AIMCo joined an Equitix-led investor group alongside GCM Grosvenor to acquire a combined 50% interest in Viridor from KKR. KKR retained the other 50%. Viridor operates twelve energy-from-waste facilities across the United Kingdom and has two additional facilities under construction. The investor group cited contracted, inflation-linked cash flows, a diversified operating footprint and development opportunities as investment attractions. AIMCo identified the transaction as its first investment in the energy-from-waste sector. The announcement describes acquired interests, but does not disclose AIMCo’s individual ownership percentage or invested amount. The consortium’s 50% holding must therefore not be represented as AIMCo’s individual ownership of Viridor.