A consortium comprising Macquarie Asset Management, via its European Infrastructure Fund 7, and British Columbia Investment Management Corporation (BCI), has completed the acquisition of Renewi, a recycling-focused waste management company operating primarily in the Netherlands and Belgium.
Renewi processes over 10 million tonnes of waste and wastewater annually across approximately 150 sites. The company specialises in converting waste into reusable materials such as metals, plastics, paper, compost, and construction aggregates, contributing to circular economy efforts in some of Europe’s most advanced recycling markets.
The acquisition aims to support Renewi’s ongoing operational transformation under its “One Renewi” strategy, which seeks to enhance logistics and processing capabilities. The consortium intends to assist the company’s expansion in existing and new markets, including France and Portugal, and help increase its recycling output.
Representatives from Macquarie and BCI said the deal aligns with their infrastructure and sustainability investment strategies, as Europe advances its transition towards waste-free and circular economic models.
Macquarie Asset Management has maintained a presence in the waste management sector for over 15 years and has been active in the Benelux infrastructure market since 2005. BCI’s investment falls under its global Infrastructure & Renewable Resources programme, which includes holdings in energy, utilities, transport, and renewable energy assets across multiple regions.
