Reworld

Founded in 1992, Reworld is a leading sustainable waste solutions company. Its focus is on reimagining what is possible in waste management, contributing to a more sustainable world. Reworld owns or operates over 90 facilities across North America, including material processing facilities and thermomechanical treatment facilities. Each year, the company sustainably manages 20 million tons of waste, recycles or reuses 280 million gallons of wastewater, recovers more than 500,000 tons of metal and generates more than 10 million megawatt hours of electricity.

Reworld holds a leading position in a growing industry that meets the burgeoning demand for waste management solutions that protect the climate and the environment. The company has an expansive footprint, serving more than 3,000 commercial and municipal customers with approximately 4,500 dedicated employees. Reworld is passionate about its mission to build a smarter, more sustainable world.

Market Trends and Drivers

The waste management market is very stable and steadily growing at a similar rate to GDP and population growth. Within waste management, sustainable solutions such as Reworld’s are enjoying regulatory tailwinds due to restrictive emission standards on landfills and higher customer demand driven by municipal and corporate initiatives such as “zero-waste-to-landfill” and circular economy goals. Landfill moratoriums in states such as Massachusetts and New York are increasing the competitive moat for waste to energy and recycling, underscoring the essential nature of Reworld’s asset base. Demand from industrial clients to satisfy their emerging ESG goals has also been steadily climbing as companies prioritize more sustainable waste solutions for the environment.

Investment Potential

The Reworld investment is highly thematic to the EQT franchise, facilitating EQT’s direct participation in the broader growing circular economy through sustainable waste solutions. The goal of this partnership is to continue to help the company grow and expand its positive impact on society. Key value creation opportunities include increasing profiled waste solutions, growing environmental solutions business, increasing recycling of metals, optimizing plant operations, and strengthening leading ESG focus.

Learn about EQT’s Battery Recycling investment parallel to Reworld: Cirba Solutions