BLUE PHOENIX

A leading player in waste recycling providing critical circular economy infrastructure.

Acquisition

July 2022

Current investment

Sector

Utilities

Localization

Netherlands

Fund

Infrastructure V

Blue Phoenix specialises in recycling and recovery across multiple waste streams including incinerator bottom ash (IBA), construction and demolition waste, contaminated soil and tar-containing asphalt, with one mission: turning waste into resources.

Blue Phoenix transforms these various waste materials into renewed resources such as aggregates and metals which are mainly reused for construction and infrastructure projects.

Uniquely positioned to capture growth from the trend to reduce landfill and increase recycling in the EU, the UK and other selected international markets, Blue Phoenix provides a stable base of long-term revenue with established EfW and construction customers in a sector with significant barriers to entry in terms of waste recycling expertise, site location and technology. Recycling and processing plants are critical infrastructure to move the waste supply chain towards a more circular model and as such Blue Phoenix is a key enabler of the “green” agenda.

We invested in Blue Phoenix in 2022 attracted by the long-term trends of the business, the growing demand for sustainable and circular economy infrastructure and the opportunity to further grow the business globally, invest in operational efficiencies and further expand the product range. We have performed three structural build-ups, diversifying BPG’s initial focus on IBA to a broader range of waste streams and expanding the geographic coverage.

Visit website

Scaling for success through M&A – Blue Phoenix