Apollo Funds Acquire Majority Stake in Noble Environmental’s Northeast-to-Midwest Waste and RNG Platform
Apollo-managed funds acquired a majority stake in Noble Environmental, a vertically integrated waste management platform offering collection, hauling, transfer and disposal services plus landfill-gas-to-RNG operations across the Northeast, Mid-Atlantic and Midwest. Apollo will leverage its asset management scale to expand Noble’s long-life landfill portfolio and waste services for value creation.
1. Acquisition Details
Apollo-managed funds have acquired a majority interest in Noble Environmental, securing control of a vertically integrated waste management platform that offers solid waste collection, hauling, transfer and disposal services plus landfill-gas-to-RNG operations across the Northeast, Mid-Atlantic and Midwest United States.
2. Strategic Rationale
Apollo aims to leverage its asset management scale and expertise to expand Noble Environmental’s portfolio of long-life landfill and transfer station assets, strengthen its integrated service offering and support growth in the landfill gas to renewable natural gas business for durable value creation.
3. Noble Environmental Profile
Founded in 2016 and headquartered in Pittsburgh, Noble Environmental operates a regional network of landfills, transfer stations and hauling operations serving municipalities and commercial customers, complementing its solid waste services with a growing RNG business converting landfill gas into pipeline-quality fuel.