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GreenerU Picks up Bucks from Casella Waste

2012-04-12
WALTHAM, MA, GreenerU announced a strategic partnership with Casella Waste, which has made an investment into GreenerU's Series A round of financing.
Casella Waste Systems and GreenerU said today that they have formed a strategic partnership to develop and deliver leading edge waste reduction, recycling and energy efficiency solutions to colleges and universities. The two companies offer unique resource renewal and conservation solutions that can reduce utility and operating costs for colleges as well as lower the schools' greenhouse gas emissions.

Under the strategic partnership and investment agreement, Casella has made an investment into GreenerU's Series A round of financing. The companies will be reaching out to the higher education community to develop compelling offers and approaches for colleges in the area of waste, recycling, energy efficiency, composting, resource conservation, clean energy generation, and other sustainability initiatives.

"We look forward to collaborating with GreenerU as a leader in working with colleges and universities on sustainability and energy solutions," said John Casella, Chairman and CEO of Casella Waste Systems. "We are impressed by GreenerU's rapid expansion in New England and their vision for the future of the company. We believe that our partnership with GreenerU will prove beneficial to both existing and new college clients within our Northeast marketplace."

"GreenerU is enthusiastic about our partnership with Casella Waste Systems, a company that has been dedicated to recycling and environmentally oriented waste solutions since building their first recycling facility in 1977," said Rob Pratt, Chairman and CEO of GreenerU. "Their emphasis on reducing the waste stream and moving towards a 'Zero Solid Waste' future resonates well with GreenerU's mission of helping colleges reduce their energy consumption and carbon emissions while becoming more sustainable."

About Casella Waste Systems Casella Waste Systems provides solid waste management services consisting of collection, transfer, disposal, recycling and composting services in the northeastern United States. Casella operates five regional Zero-Sort recycling facilities, operates a unique closed loop paper recycling solution, offers anaerobic digestion and on-site options for organic waste, and produces renewable energy through landfill gas facilities. Learn more at www.Casella.com .

About GreenerU GreenerU, Inc. partners with colleges in implementing energy efficiency, cogeneration and renewable energy projects while integrating sustainability, behavior change and student engagement initiatives. The company also develops energy and sustainability master plans, climate action plans, and energy efficiency financing solutions for large-scale implementation programs. Learn more at www.GreenerU.com .
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