is paying US$80-million for a 10-per-cent stake in a U.S. food waste recovery and renewable natural gas company, and said it could expand the business with up to US$1-billion worth of new anaerobic digester projects.
Divert, based in West Concord, Mass., said Enbridge’s equity investment is in addition to US$20-million from a fundraising round led by its current investor, Ara Partners. “Divert has emerged as a leader in creatively managing wasted food and our partnership aligns with Enbridge’s priorities in pioneering RNG as an effective solution to achieve net-zero greenhouse gas emissions,” Caitlin Tessin, Enbridge’s vice-president, strategy and market innovation, said in a statement.
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