Long-term infrastructure investors partner to support Viridor's continued growth and development

EDMONTON, AB, Oct. 14, 2026 /CNW/ -- AIMCo has joined the Equitix-led transaction alongside GCM Grosvenor to acquire a 50% interest in Viridor Group ("Viridor"), the UK's largest energy-from-waste platform. The interests were acquired from KKR, which retains a 50% interest in Viridor.

Viridor operates 12 energy-from-waste facilities across the UK, with two additional facilities in construction. As the UK's largest energy-from-waste platform, Viridor plays an important role in processing residual waste and generating energy through critical waste-management infrastructure.

The investor group was attracted to Viridor's market-leading position, long-term contracted and inflation-linked cash flows, diversified operating footprint and opportunities for future growth through its development pipeline. The transaction supports Viridor's continued leadership in the UK energy-from-waste sector, and the investor group is committed to supporting the management team as the business continues to grow and develop.

Achal Bhuwania, Equitix Chief Investment Officer, said: "We are delighted to welcome AIMCo as part of an Equitix-led investor group alongside GCM Grosvenor, holding a 50% co-control position in Viridor. Viridor's essential infrastructure assets, resilient utility-like characteristics and exposure to long-term themes such as resource recovery and decarbonisation make it an attractive platform for sustainable growth. We look forward to continuing to work closely with KKR and the management team to support its next phase of growth."

"Viridor is a strong fit for AIMCo's infrastructure portfolio: it is a market-leading business providing an essential service, with resilient, long-term cash flow characteristics and opportunities for future growth," said Ben Hawkins, Executive Managing Director, Global Head of Infrastructure, Renewable Resources and Energy Transition. "As AIMCo's first investment in the energy-from-waste sector, it broadens our infrastructure portfolio and supports our objective of delivering long-term value for the clients we serve."

About Equitix

Equitix is a specialist infrastructure investment manager focused on small to mid-market assets, managing approximately $20 billion on behalf of global institutional investors. Established in 2007, the firm targets European mid-market infrastructure, a structurally under-served segment characterised by strong deal flow and limited capital. Equitix invests across social infrastructure, transport, renewable power, environmental services, network utilities and digital infrastructure, supported by on-the-ground teams across Europe. Through bilateral origination, disciplined underwriting and active asset management, Equitix builds diversified portfolios of essential infrastructure assets with long-term, contracted and inflation-linked cashflows, aiming to deliver stable income and long-term value while advancing the energy transition, enhancing connectivity and supporting sustainable communities.

www.equitix.com

About Alberta Investment Management Corporation

Alberta Investment Management Corporation (AIMCo) is one of Canada's largest and most diversified institutional investment managers with more than CAD$210.7 billion of assets under management as at June 30, 2026. AIMCo invests globally on behalf of pension, endowment, insurance, and government funds in the Province of Alberta. With offices in Edmonton, Calgary, Toronto, London, and Luxembourg, AIMCo's more than 200 investment and risk professionals bring deep expertise in a range of sectors, geographies, and industries.

www.aimco.ca 

SOURCE Alberta Investment Management Corporation