GFL Environmental (GFL) Evaluates Divestment of C$5 Billion Infrastructure Arm

GFL Environmental Inc. (NYSE:GFL) is one of the best high growth stocks. At the beginning of June, Bloomberg disclosed that GFL is evaluating the sale of a stake in its infrastructure subsidiary, Green Infrastructure Partners Inc., in a transaction valued at approximately C$5 billion, including debt. This potential deal reflects growing investor appetite for Canadian civil infrastructure, with prominent investment funds showing strong interest in participating.

GFL has reportedly engaged in preliminary discussions with private equity firms including General Atlantic, Energy Capital Partners, and Neuberger Berman. If the transaction proceeds, it would represent one of the most significant infrastructure-related deals in Canada this year.

An excavator at a landfill site operating amidst a pile of solid waste.

For GFL, the partial sale of Green Infrastructure Partners represents an opportunity to gain capital to facilitate the subsidiary’s continued growth. This move reflects wider market dynamics, as private capital increasingly targets infrastructure assets that offer long-term stability and reliable cash flows amid heightened market volatility.

GFL shareholders are involved in early discussions about a possible sale, but nothing has been finalized yet, and core details are still up in the air. More bidders could join the mix as talks progress, with GFL focusing on long-term goals.

GFL Environmental Inc. (NYSE:GFL) provides a range of non-hazardous waste management and environmental solutions, including hauling, landfill operations, material recovery, liquid waste management, and soil remediation for municipal, residential, commercial, and industrial clients.

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