Closed Loop Partners provides multi-million-dollar loan to Pro Disposal for Pennsylvania MRF upgrade
- Closed Loop Partners’ Catalytic Capital & Private Credit Group provided a multi-million-dollar loan to Pro Disposal.
- Funds financed sortation equipment for a new 40,000-square-foot, 20-ton-per-hour materials recovery facility in Ebensburg, Pennsylvania.
- Upgrade includes four optical sorters intended to raise throughput and improve bale quality.
- Financing targets added U.S. recycling capacity, broader community service coverage, stronger domestic rPET supply chains.
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