Overview

EC Waste is the largest vertically integrated provider of solid waste services in Puerto Rico.

With locations throughout the island, EC Waste provides multiple waste services to over 80,000 residential, commercial, and industrial customers. The company operates four well-located, U.S. EPA permitted disposal sites, which enables EC Waste to serve all of Puerto Rico in an environmentally responsible and sustainable manner. Additionally, the company manages two transfer stations, runs the island’s largest regulated, solid waste collections network and hosts what will be Puerto Rico’s largest renewable natural gas collection project at its El Coqui facility.

Investment rationale

3i Group invested in EC Waste in November 2021.

• The company has enough capacity to serve all of Puerto Rico’s needs for decades ahead as communities and businesses consider moving away from non-compliant providers towards U.S. EPA permitted, fully compliant waste disposal options
• The company has a proven track record of providing top-tier services to the communities it operates in across the island
• EC Waste has made significant investments into its infrastructure and operations technology to improve performance and position the company for future growth
• There is significant opportunity to grow the company’s sustainable waste practices, such as its renewable natural gas collection activities

Regulatory information 
This transaction involved a recommendation of 3i Corporation.