PATRIZIA, through its flagship European mid-market infrastructure strategy, will aim to acquire a 40% equity stake in the group upon successful completion of a mandatory takeover offer, continuing its active investment programme in opportunities driving the global energy transition.
Through its various business lines and extensive network across Italy, Greenthesis provides a circular economy solution for the treatment of waste across the entire value chain. It has expertise in both urban and special waste sectors, with a key focus on the most significant value-add activities in the waste-based circular economy, such as remediation, treatment and disposal.
Greenthesis owns and operates 20 industrial sites predominantly across northern and central Italy which are dedicated to waste management, energy from waste (“EfW”), environmental remediation and landfill management activities.
Thanks to its assets, the Greenthesis group is able to process more than 1 million tons of industrial and urban waste annually, while it has an order backlog of more than 350 million euros.
The Greenthesis platform benefits from a significant pipeline that will see it become one of the main players active in the circular economy in Europe. It has EUR 350 million of remediation projects lined up over the next 10 years, as well as a EUR 140 million capex pipeline that will deliver plant improvements, innovative treatments and green energy over the next three years. The capex programme is underpinned by a strong regulatory environment that includes the EU’s National Plan of Resilience and Recovery.
