Closed Loop Fund

Project finance that invests in scaling recycling infrastructure and sustainable manufacturing technologies that advance the circular economy.

MUNICIPAL INVESTMENTS

Memphis

Memphis Single Stream Recycling

CLF financed the acquisition of over 80,000 single stream household recycling carts for the City of Memphis. This is a model of how a large American city with no recycling program can finance the deployment of a comprehensive recycling program that is profitable for the City.

Scott County

Scott County, IA

CLF financed the acquisition of over 48,500 single stream household recycling carts in the Quad Cities communities of Scott County, Iowa. This is a model of how mid-sized communities can finance the deployment of a comprehensive recycling program that is profitable for the participating communities.

Portage County

Portage County, Ohio

CLF financed the acquisition of over 25,000 single stream household recycling carts and modern recycling trucks in the rural county of Portage County. This is a model of how rural communities can finance the deployment of a comprehensive recycling program that is profitable for the community.

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Council Bluffs, IA

CLF participated in the finance of upgrades to the municipal Materials Recycling Facility to increase the amount of material recycled. A new baler installed at the existing facility is creating new revenue opportunities to receive and resell commodities that would otherwise go to landfill, and save on transportation costs.

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Waterbury, CT

The city of Waterbury has a diversion rate of just 6%, with few residents setting out 18-gallon bins for recycling collection. An investment in new carts and trucks for expanded single-stream recycling collection will increase volumes by 6,000 tons/year, and increase diversion rate to 30%.

PRIVATE INVESTMENTS

QRS

QRS Recycling, MD

CLF participated in the financing of QRS, an advanced plastics recycling facility (PRF) that is processing and creating markets for hard to recycle plastics collected in recycling programs in the northeast and mid-atlantic, with capacity to handle more than 50,000 tons/year.

Integrico

IntegriCo Composites

A manufacturer of composite railway products including crossties and composite grade crossings. Utilizing patented manufacturing technology, the products are made from 100% recycled plastics.  Since commencing operations, IntegriCo has diverted in excess of 70 million pounds of landfill bound plastics.

A Eureka Recycling Worker Picks Up Recycling On St. Paul's East Side. (Pioneer Press File)

Eureka Recycling, MN

Eureka Recycling is a non-profit recycler. CLF participated in financing that will help Eureka expand its collections capabilities and upgrade MRF to improve material quality, while maintaining efficiencies at higher volumes, after winning contracts for recycling in Minneapolis and St. Paul.

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Momentum Recycling, UT

CLF provided financing to Momentum Recycling’s glass recycling facility with state of the art cleaning equipment to help clean recycled glass to the specifications needed to profitably sell to the bottling industry. Additionally, they are working with diversified markets to ensure their glass gets recycled.

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Lakeshore Recycling Systems, Chicago, IL

Lakeshore has the long term contract to process residential and commercial recycling in the City of Chicago and surrounding areas. CLF participated in the financing of an upgrade to their MRF to increase throughput from 20 tons/day to 20 tons/hour, with increased revenue opportunities and savings.