EQT is considering a US IPO of waste management firm Reworld that could raise $1 billion or more, according to people familiar with the matter https://t.co/gpkEHlxnAr ...

Core Insights - Both Waste Management (WM) and McDonald's (MCD) are recognized for their reliable cash returns, attracting investor interest in 2025 [1][2] - The comparison focuses on which company's dividend presents a better long-term investment opportunity [3] Waste Management (WM) - WM is the largest waste services provider in North America, linking dividend growth to an increasing free cash flow outlook and high-return projects in recycling, renewable natural gas, and medical-waste operations [2] - In Q2 2025, WM's adjusted operating EBITDA is projected at approximately $7.55 billion, with full-year free cash flow guidance raised to between $2.8 billion and $2.9 billion, reflecting a $125 million increase from initial guidance [5] - The company reported a 12.1% year-over-year growth in adjusted operating EBITDA for its legacy waste business, with an EBITDA margin exceeding 31% [6] - WM increased its dividend payout by 10% for 2025 to $3.30 annually, resulting in a dividend yield of 1.5% and a conservative payout ratio of about 47%, allowing room for future increases and reinvestment [8] - CEO Jim Fish highlighted the company's strong performance across various sectors, including core collection, disposal, and healthcare integration [7] McDonald's (MCD) - McDonald's has a larger absolute dividend supported by a highly profitable business model, with global comparable sales rising 3.8% and earnings per share increasing by 12% in Q2 2025 [10][11] - The company raised its quarterly dividend by 6% to $1.77, resulting in a dividend yield of 2.3%, but has a higher payout ratio of about 60%, indicating less flexibility for future increases [11] - McDonald's leverages its franchised model and strong operating margins to convert a significant portion of revenue into earnings, supporting dividends and share repurchases [12] - The company has seen loyalty sales reach approximately $33 billion over the past 12 months, indicating strong demand drivers [12] - Management is focused on value offerings to maintain traffic among price-sensitive consumers, which remains a variable to monitor [13] Comparative Analysis - While McDonald's offers a higher immediate yield, WM's combination of rising free cash flow, conservative payout coverage, and investments in sustainability positions it for stronger long-term dividend growth [15] - Both companies trade at premium valuations, making their growth trajectories critical for investors [14]

Core Insights - Enwave Energy Corporation has commenced the construction of a new waste processing facility in Prince Edward Island, expected to be operational by 2028, which will replace the existing system and enhance energy supply through a district energy network [1][2]. Waste Processing Capacity - The new facility will process nearly 90% of the province's current black cart residential waste, diverting up to 49,000 tonnes of municipal solid waste from landfills annually, leading to significant greenhouse gas savings of up to 908,000 tonnes of CO2e by 2052 [2][3]. Energy Efficiency and Reliability - Enwave's expansion will nearly double its existing waste processing capacity, improve efficiency, and reduce fuel oil usage for heating, while providing reliable thermal energy to over 145 connected buildings in Charlottetown [3][11]. Global Waste Management Context - The facility addresses the global need for waste solutions, with global waste projected to increase by 70% by 2050, positioning North America to capture 20% of the energy-from-waste market [6][10]. Localized Decarbonization Approach - The facility combines energy-from-waste technology with an attached wood biomass plant, a unique approach in North America, aimed at providing affordable heat and reducing landfill waste [8][9]. Strategic Partnerships - Enwave has collaborated with various strategic partners, including the Canada Infrastructure Bank, to finance the project, which is part of a broader commitment to sustainable energy solutions [11][12].

Waste Management & Environmental Impact - Rethinking waste as an opportunity for energy, materials, and value is crucial [1][3][7] - Global waste generation reaches 3 billion tons annually, equivalent to 270 万 (2.7 million) Olympic-size swimming pools [5] - Waste contributes 3-5% of global greenhouse gas emissions, exceeding the aviation industry's impact [6] - Waste accounts for 20% of global methane gas emissions, posing a significant environmental threat [7] Innovative Waste Solutions - Food waste can be converted into biofuels for clean, renewable energy [8] - Plastics can be transformed into building materials for roads, buildings, and affordable housing [8] - Used cooking oil can be processed into sustainable aviation fuel [9] - Textile waste can be repurposed into insulation, furniture stuffing, and new fashion items [9] Community Engagement & Policy - Youth involvement and education are essential for promoting waste reduction and recycling [4][5][11] - Abu Dhabi aims to divert 80% of its waste from landfills by 2030 through advanced technology investments [12] - Individual actions, such as using reusable water bottles and sorting recyclables, can collectively make a significant impact [14][15]

Core Insights - 374Water Inc. has announced recent open-market stock purchases by insiders, including Board members and senior management, indicating confidence in the company's future prospects [1][2] - The company's President and CEO, Chris Gannon, highlighted a significant disconnect between the current stock price and the value expected from their AirSCWO technology, which is anticipated to generate demand across various markets [2] - 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy, positioning the company as a leader in innovative waste treatment solutions [3] Company Overview - 374Water Inc. operates in the industrial technology and services sector, focusing on wastewater treatment and waste management for municipal, federal, and industrial markets [3] - The company aims to assist customers in meeting discharge requirements, reducing disposal costs, and mitigating risks associated with waste management [3] Insider Confidence - The recent stock purchases by management and Board members are seen as a strong signal of their commitment to the company's success and alignment with shareholder interests [2]

Core Viewpoint - 374Water Inc. is actively participating in multiple investment conferences in September 2025, showcasing its leadership in organic waste destruction technology and services [1][2]. Group 1: Conference Participation - 374Water's President and CEO Chris Gannon and CFO Russell Kline will attend the Lake Street 9th Annual Best Ideas Growth (BIG9) Conference on September 11, 2025, and the H.C. Wainwright 27th Annual Global Investment Conference on September 8-9, 2025 [2][3]. - CFO Russell Kline will present at Gabelli Funds' 3rd PFAS Symposium on September 17, 2025 [2][4]. Group 2: Company Overview - 374Water Inc. is a global leader in industrial technology and services, focusing on innovative solutions for wastewater treatment and waste management in municipal, federal, and industrial markets [5]. - The company's AirSCWO technology efficiently destroys and mineralizes a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [5].

Core Viewpoint - Lassila & Tikanoja has successfully obtained the required majority approval from noteholders for its EUR 75 million sustainability-linked notes, facilitating a partial demerger of its Circular Economy business area into a new independent company [2][6]. Group 1: Proposal and Approval - The written procedure for the EUR 75 million sustainability-linked notes, which have a fixed annual interest rate of 3.375%, was initiated to solicit consents for amendments related to the demerger [2]. - The Proposal received unanimous support, with 100% of the votes in favor, representing 99% of the outstanding notes [2]. Group 2: Financial Terms and Conditions - A consent fee of 0.20% will be paid to each noteholder who voted in favor or abstained, calculated on the principal amount held [3]. - An additional early bird consent fee of 0.10% will be awarded to those who voted in favor by a specified deadline [3]. - The completion of the demerger is expected to be registered by 31 December 2025, with the consent fees to be paid shortly thereafter [3]. Group 3: Implications of the Demerger - Following the demerger, all obligations and liabilities related to the notes will be transferred to the new Receiving Company, which will become the new issuer of the notes [4]. - Adjustments to the sustainability-linked bond framework will be implemented as a result of the demerger [4]. Group 4: Company Overview - Lassila & Tikanoja is focused on implementing circular economy practices, aiming to enhance the use of raw materials and energy while creating value for customers and shareholders [7]. - The company operates in Finland and Sweden, employing approximately 7,400 people, with net sales of EUR 770.7 million in 2024 [7].

Core Viewpoint - Casella Waste Systems, Inc. has announced the pricing of the remarketing of $37.5 million of Solid Waste Disposal Revenue Bonds, with a new interest rate of 4.250% per annum starting September 2, 2025 [1][2]. Group 1: Bond Details - The original aggregate principal amount of the Bonds was $40.0 million, with a final maturity date of September 1, 2050 [1]. - Casella plans to redeem $2.5 million of the Bonds on September 2, 2025, using cash on hand [1]. - The remarketing of the remaining $37.5 million will occur on September 2, 2025, with a new interest rate period ending on September 2, 2030 [1]. Group 2: Guarantee and Obligations - The Bonds and Remarketed Bonds are guaranteed by all or substantially all of Casella's subsidiaries, as per the Guaranty Agreement [2]. - These Bonds do not constitute a general obligation of the Issuer and are payable solely from amounts received from Casella and the Guarantors [2]. Group 3: Regulatory Information - The Remarketed Bonds are being offered only to qualified institutional buyers and have not been registered under the Securities Act [3]. - This press release does not constitute an offer to sell or solicit an offer to buy the Remarketed Bonds in jurisdictions where such actions would be unlawful [3].

Core Insights - Vow ASA has initiated a profit improvement program aimed at enhancing cost control, profitability, and operational efficiency, alongside a strategic review [1][4] Financial Performance - In Q2 2025, Vow reported revenues of NOK 227.6 million, a decrease of NOK 25.0 million compared to Q2 2024, with a 9% increase in the Maritime Solutions segment and an 8% increase in Aftersales, while the Industrial Solutions segment saw a 5% decline [2] - Adjusted EBITDA for Q2 2025 was negative NOK 33.0 million, down from negative NOK 20.5 million in Q2 2024, significantly affected by NOK 35 million in negative catch-up effects [3] - The total order backlog at the end of Q2 2025 reached NOK 1.4 billion, an increase from NOK 1.1 billion a year earlier, providing good visibility with contracts extending through to 2033 [3] Strategic Initiatives - The company plans to revisit its overall strategy in the second half of the year, reviewing market developments and adjusting investment priorities, while maintaining healthy cruise-related operations and focusing on profitability enhancements [4] - Vow received NOK 35.1 million from the sale of shares in Vow Green Metals, which was used to repay part of a term loan, and obtained a formal waiver for covenant breaches for the reporting period ending June 30, 2025 [5] Company Overview - Vow ASA and its subsidiaries focus on preventing pollution through advanced technologies that convert biomass and waste into valuable resources and clean energy, supporting industry decarbonization and material recycling [7][8]

Company Overview - Vow ASA is focused on preventing pollution through innovative solutions that convert biomass and waste into valuable resources and clean energy [2] - The company operates in various sectors, including wastewater purification, food safety, and robotics, and has a strong presence in heat-intensive industries with a decarbonization agenda [2] Upcoming Financial Report - Vow ASA will release its second quarter and first half year 2025 report on August 28, 2025 [1] - A presentation of the results along with a Q&A session will take place at 09:00 CET on the same day, with options for personal attendance and online streaming [1][2] Contact Information - For further inquiries, the CEO Gunnar Pedersen and CFO Cecilie Brænd Hekneby can be contacted via provided phone numbers and emails [2]