Green Recovery Projects (“GRP”) owns five energy-from-waste facilities across the UK. GRP processes c.1.4 million tonnes of waste and exports c.615 GWh of electricity to the grid each year with almost all of the waste being sourced from local authorities and FCC, one of the leading players in the UK waste market, under long-term supply agreements.

Funds advised by iCON acquired 49% of GRP in November 2020 and have formed a growth-oriented partnership with FCC who remains a 51% shareholder in GRP.