Türkiye's top waste-to-energy platform ITC sold to Re-Pie Asset Management
What's the deal? Re-Pie Asset ManagementDealroom has a profile for this one. Try Dealroom → has acquired ITC, Türkiye's largest integrated waste management and waste-to-energy platform, for an undisclosed sum. OaklinsDealroom has a profile for this one. Try Dealroom →' Türkiye team acted as exclusive sell-side adviser to ITC's shareholders.
What each side does: ITC runs a diversified infrastructure platform across Türkiye, turning municipal, industrial and medical waste into renewable energy and other outputs. Its services span solid waste management, treatment, landfill rehabilitation, recycling, refuse-derived fuel and biomethanol production.
Who's buying? Founded in 2015, Re-Pie is one of Türkiye's leading alternative asset managers, investing across venture capital, real estate, securities and pension funds. The firm called the purchase a "significant investment" in a scaled environmental infrastructure platform.
The strategic rationale: Re-Pie says the deal supports ITC's growth and Türkiye's shift towards a circular economy. It positions ITC at the intersection of waste management, renewable energy and environmental services.
Why now? Private capital is increasingly chasing essential, infrastructure-heavy assets. The same week, EQT agreed to its US$6.02B take-private of CleanawayDealroom has a profile for this one. Try Dealroom →, Australia's largest integrated waste operator, at a 32.1% premium.
The signal: Waste and resource recovery has become a magnet for investors seeking stable, infrastructure-backed cash flows with a sustainability angle. The ITC sale shows the trend reaching Türkiye, where local asset managers are building scaled platforms of their own.
Read more: oaklins.com
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