Strategic Investment: Macquarie and BCI will back Renewi’s growth and transformation strategy to boost recycling yields and circular innovation across Europe.
Scale and Reach: Renewi processes over 10M tonnes of waste annually across 150+ sites in the Netherlands and Belgium—Europe’s top circular economies.
Long-Term Commitment: The deal strengthens Macquarie and BCI’s long-standing infrastructure footprint in Europe, supporting energy transition and sustainable growth.
Macquarie Asset Management and the British Columbia Investment Management Corporation (BCI) have completed the acquisition of Renewi, a European leader in recycling and circular waste solutions. The deal, executed through Macquarie European Infrastructure Fund 7, positions the Consortium to accelerate Renewi’s role in transforming waste into valuable materials.
“We are delighted to have finalised the acquisition of Renewi, a market leader in the waste sector,” said Gabriele Duesberg, Head of Diversified Infrastructure – EMEA at Macquarie Asset Management. “As countries across Europe look to transition to waste-free economies, Renewi is well positioned to capitalise on this demand with its strong growth ambitions and innovative waste solutions.”
Renewi operates a network of over 150 facilities, processing more than 10 million tonnes of waste and wastewater annually across the Netherlands and Belgium—markets known for their advanced circular practices. The company converts waste into usable materials such as paper, metals, plastics, compost, and building materials.
The Consortium’s capital injection will help execute Renewi’s “One Renewi” strategy, which focuses on strengthening logistics and processing capabilities, while also enabling long-term expansion into France and Portugal.
RELATED ARTICLE: Macquarie Acquires Full Ownership of UK Solar Developer Island Green Power
“We look forward to supporting the business with its transformation initiatives and long-term growth plans,” said Lincoln Webb, Executive Vice President & Global Head, Infrastructure & Renewable Resources at BCI. “This acquisition represents an exciting opportunity for us to work alongside Renewi, an established player in the waste sector.”
Annemieke den Otter, CFO and Board Member at Renewi, added: “We are excited to partner with the Consortium as we focus on advancing circularity and becoming the leading waste-to-product company for Europe’s most advanced circular economies. With this new collaboration, and through the passion and dedication of our teams, we will create a more sustainable society for all.”
The transaction marks another milestone in Macquarie’s 20-year investment legacy in the Benelux region, which includes strategic infrastructure assets such as HES International and SkyNRG. Macquarie Asset Management has over 15 years of experience in the global waste management sector, supporting businesses with capital and performance initiatives.
For BCI, this investment extends its Infrastructure & Renewable Resources portfolio—an extensive global platform including regulated utilities, renewables, transportation, and energy infrastructure across Europe, the U.K., Asia Pacific, and the Americas.
The acquisition underscores growing investor appetite for high-impact, circular economy infrastructure as European markets push toward decarbonization and waste reduction.
Follow ESG News on LinkedIn
