EQT and Blackstone to acquire Urbaser from Platinum Equity in ~$6.6B deal

Blackstone and EQT Acquire Urbaser from Platinum Equity

September 22, 2026

Environmental Services

Blackstone and EQT completed the acquisition of Urbaser, a Madrid-based global environmental infrastructure and waste management company, in a transaction valued at approximately $6.6 billion (€5.6 billion). Platinum Equity retained Urbaser's waste management operations in Argentina, which were excluded from the sale.

Blackstone Infrastructure to Invest Up to €2 Billion in Eurowind Energy

April 29, 2026

Renewable Energy

Blackstone Infrastructure has entered into a definitive agreement to invest up to €2 billion in Eurowind Energy, a pan-European renewables developer and independent power producer headquartered in Hobro, Denmark. The investment is expected to accelerate Eurowind’s development activities across onshore wind, solar, battery storage, and biogas, with an expected closing before the end of 2026, subject to customary conditions.

EQT Infrastructure Acquires Statera Energy from InfraRed Capital Partners

November 6, 2023

Energy

EQT Infrastructure VI has agreed to acquire Statera Energy Limited, a London-headquartered developer and operator of battery storage and flexible generation assets, from InfraRed Capital Partners. EQT will provide growth capital and operational support to accelerate deployment of Statera's 1GW (operational and under construction) and its 16GW project pipeline, including battery storage, pumped hydro and green hydrogen projects across the UK.

Platinum Equity Acquires Urbaser from China Tianying for $4.2B

October 21, 2021

Environmental Services

Platinum Equity has completed the acquisition of Madrid-based environmental services company Urbaser from China Tianying for an enterprise value of approximately $4.2 billion. Urbaser, which operates in waste collection, treatment and waste-to-energy across multiple countries and employs more than 50,000 people, will continue to be led by CEO José María López Piñol as Platinum looks to expand capabilities in sustainable waste-management solutions and grow the business across Europe and other markets.

Versar Acquires Black & Veatch Environmental Services Business Unit (BVESB)

June 23, 2021

Environmental Services

Versar, Inc. acquired the environmental services business unit (BVESB) from Black & Veatch to strengthen its Environmental Services Group and expand capabilities in remediation, investigation, assessment and design for U.S. Federal customers. The deal adds experienced engineers and scientists focused on EPA, USACE and Department of Defense work and aligns with Versar’s strategy to broaden federal environmental remediation and site restoration offerings.

Macquarie Asset Management Acquires Beauparc Utilities

June 1, 2021

Environmental Services

Macquarie Asset Management, via Macquarie European Infrastructure Fund 6, has agreed to acquire Beauparc Utilities from founder Eamon Waters and Blackstone Tactical Opportunities Fund. Beauparc is a leading waste-to-resource and recycling business operating across Ireland, the UK and the Netherlands, with more than 2,300 employees and a portfolio of about 40 waste facilities; Macquarie intends to invest to grow its circular-economy capabilities.