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Heritage Sustainability Investments, LLC Purchases Stake in ClimeCo

Heritage Sustainability Investments, LLC Purchases Stake in ClimeCo

INDIANAPOLIS -February 16, 2021 – ClimeCo LLC (ClimeCo) is pleased to announce that Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group (collectively, Heritage), has purchased a minority stake in ClimeCo. This alliance allows ClimeCo to expand its staffing and project investments to assist companies focused on implementing solutions that meet their sustainability goals. With its comprehensive resources, ClimeCo is firmly positioned to handle market challenges, including rapid changes to climate policy, the formation of new carbon markets and exchanges around the world, and increasing pressure for organizations to improve ESG disclosure transparency.

“The synergies are endless,” said Bill Flederbach, President & CEO of ClimeCo. “It is clear that our two firms can create incremental value together.  I am proud to have Heritage as an investor in ClimeCo! This alliance allows us to enter 2021 with a great partner, a strong balance sheet, and fresh investment capital as we continue to lead in sustainability and the low carbon economy.”

 

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Heritage Invests in Future of Battery Recycling

Heritage Invests in Future of Battery Recycling

INDIANAPOLIS -February 10, 2021 – The Heritage Group and Heritage Environmental Services, Inc. (collectively, “Heritage”), a leader in environmental and sustainability services, launched a new division, Heritage Battery Recycling (HBR), in late 2020 to address growing market demand for safe, sustainable solutions for lithium-ion batteries near or at end-of-life. HBR’s goal is to recover and reuse critical battery precursor resources that exist in finite supply across the globe.

In collaboration with Romeo Power, Inc. (“Romeo Power“) (NYSE: RMO), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, HBR will develop a battery reuse and recycling facility sited in the southwestern United States.

“By working directly with Romeo Power, we have a unique opportunity to provide a safe, environmentally sound end-of-life strategy for commercial truck manufacturers, commercial fleet managers and conscientious business owners who are investing in clean energy today,” said Jeff Laborsky, CEO of Heritage. “We are proud to be part of this long-term sustainability collaboration.”

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