ReEnergy Holdings Acquires Gateway Enviroservices, LLC
September 4, 2009 –ReEnergy Holdings LLC is pleased to announce that it recently acquired Gateway Enviroservices, LLC. Gateway owns and operates two large construction and demolition wastes and waste wood processing facilities that service the eastern New England/Boston metropolitan area marketplace.
Gateway’s LL&S Facility is located in Salem, NH, and its Environmental Resource Return Corp. (ERRCO) Facility is located in Epping, NH.
Gateway’s facilities and their operating teams are recognized in the New England market as the leaders in the processing and recovery of a variety of materials from construction and demolition wastes and waste wood. Gateway is well known in the industry for the large percentage of high quality wood that is recovered at its facilities and ultimately converted into energy and other products.
This is an important strategic acquisition for ReEnergy as we focus on the control and conversion of waste wood to supply energy and energy related projects.
About ReEnergy Holdings LLC
Based in Albany, NY, ReEnergy Holdings LLC was formed in August 2008 by Riverstone Holdings LLC and a management team comprised of seasoned, industry professionals. ReEnergy is in the process of building a significant integrated waste/biomass renewable energy company in the U.S.
About Riverstone Holdings LLC
Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the renewable energy, power generation and other sectors of the energy industry.