Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, today announced that it has provided $30 million in senior secured credit financing to Circular Services, a leading developer and operator of circular economy infrastructure in the United States.
Eagle Point’s customized financing solution supports Circular Services’ acquisition of a portfolio of eight composting facilities across Florida, Texas, North Carolina and California. The tailored financing reflects Eagle Point’s disciplined underwriting, focus on strong asset coverage and commitment to designing capital solutions that enhance long-term value creation for investors.
“Demand for circular economy infrastructure continues to accelerate, and Eagle Point is excited to partner with Circular Services to finance this significant expansion,” said Jennifer Powers, Principal and Head of Infrastructure Credit at Eagle Point. “Circular Services’ scale and leadership, as the largest privately held recycling and circular economy service provider in the United States, affords Eagle Point with significant future financing opportunities through continued collaboration and partnership.”
“This financing strengthens our ability to advance our mission of building material recovery infrastructure that keeps valuable commodities out of landfills and in circulation,” said Ron Gonen, Chief Executive Officer of Circular Services. “As communities and businesses seek sustainable waste solutions, our partnership with Eagle Point enables us to scale critical infrastructure for managing organic waste. Eagle Point’s significant knowledge of infrastructure and understanding of our business strategy helped us to realize our goals for this important acquisition. We look forward to continuing our collaboration with Eagle Point as we expand our national platform and drive measurable environmental and economic impact.”
The transaction underscores Eagle Point’s differentiated origination capabilities and expertise in structuring infrastructure credit opportunities with robust downside protection and sustainable long-term value creation.
About Eagle Point Credit Management
Eagle Point® is an investment manager focused on private credit strategies in inefficient markets, including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments and CLO securities. Founded by Thomas Majewski in partnership with Stone Point Capital in 2012, Eagle Point manages over $13 billion on behalf of institutional and retail investors and has over 120 professionals. Please visit www.eaglepointcredit.com for more information.
About Circular Services
Circular Services is a leading developer and operator of circular economy infrastructure and services in the United States. With more than 35 operating locations, Circular Services provides holistic materials management services to municipalities and businesses across the country, keeping valuable materials in circulation and minimizing the cost and environmental impact of landfills. www.circularservices.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251216444986/en/
Contacts
Media
Eagle Point
Pro-EaglePoint@prosek.com