Closed Loop Partners Local Recycling Fund

Enriched – · Found: 2026-03-13 16:29

Investment financing for recycling infrastructure and technology in the U.S. Provides loans (USD 500k-5M) and equity investments for collection, sortation, and processing projects focused on increasing recycled plastic recovery. Targets communities with limited recycling access. Supports circular economy innovation in waste management.

Source: https://www.closedlooppartners.com/capital-management/apply-for-funding/local-recycling/

Funding Details

Funder

Closed Loop Partners

Funding Goal

Financing for innovative recycling technologies and infrastructure that increase recycling access in US communities with no or limited recycling access. Focus on three categories: (1) Collection systems for household recyclables, (2) Sortation technologies or facilities, (3) Processing technologies for preparing recycled materials. Particular focus on unlocking new supply of rPET (recycled PET plastic) to support PepsiCo's sustainable packaging goals.

Funding Amount

Loans typically ranging $500K–$5M over 3–8 year terms, secured by collateral. Equity investments sized on case-by-case basis. (450.000 € – 4.500.000 €)

How to Apply

Complete online application form at closedlooppartners.com. Application is evaluated against investment criteria; if a fit, operational and financial details are further examined. Deal terms developed and presented to advisory board and investment committee. If approved, deal is closed and project funded.

Target Region

United States

Last Checked

2026-03-13 16:38

Application Checklist

Eligibility

• Project must be based in the United States
• Applicant must be a municipality or private company (not an NGO)

Project Scope

• Project must focus on collection, sortation, or processing of household recyclables
• Must demonstrate potential to unlock new supply of rPET or other recycled materials
• Project must show replicability and scalability beyond initial implementation

Required Documents

• Provide 3-5 sentence description of organization and project fit in application form

Constraints

• Applicant must demonstrate ability to repay the loan (loans are not grants)
• Loans are secured by collateral

Summary

Closed Loop Partners' Local Recycling Fund provides catalytic capital — primarily loans ($500K–$5M, 3–8 year terms) and occasional equity investments — to recycling technology companies and municipalities in the United States. The fund was developed in partnership with PepsiCo Beverages North America and specifically aims to expand recycling access in underserved US communities. The program funds three categories of recycling infrastructure: collection systems (carts, transfer stations), sortation facilities and technologies, and processing facilities for converting recyclables into raw materials — with a particular focus on producing recycled PET (rPET) to support PepsiCo's packaging sustainability commitments. Applicants are evaluated on their ability to repay, material diversion impact, scalability, and contribution to community economic benefit. The fund offers not only capital but also access to Closed Loop Partners' industry network and expertise to help recipients scale. This is exclusively available to US-based entities (municipalities or private companies) and is structured as debt/equity investment rather than a grant. It is particularly relevant for recycling infrastructure operators and technology companies looking for mission-aligned, patient capital.

Historical Context

The Local Recycling Strategy is a partnership with PepsiCo Beverages North America, focused on meeting PepsiCo's pep+ (PepsiCo Positive) sustainable packaging goals. Closed Loop Partners is an investment firm with venture, private equity, and catalytic capital strategies focused on the circular economy.

Sources

• https://www.closedlooppartners.com/capital-management/apply-for-funding/local-recycling/

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