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

Provide loans and equity investments to innovative recycling technologies and infrastructure that increase recycling access in U.S. communities with no or limited recycling capacity. Focuses on collection, sortation, and processing of household recyclables to unlock new supply of recycled plastic (rPET) and other materials. Partnered with PepsiCo Beverages North America.

Funding Amount

Loans typically USD 500,000 to USD 5 million over 3-8 year terms, secured by collateral. Equity investments sized case-by-case. (500.000 € – 5.000.000 €)

Deadline

Rolling basis (Rolling)

How to Apply

Complete the online application form via Closed Loop Partners website (closedlooppartners.com/capital-management/apply-for-funding/local-recycling/). Applications evaluated on investment criteria including rPET potential, materials diversion, repayment ability, and scalability. Loans are secured by collateral; flexible capital structures available.

Target Region

United States only

Last Checked

2026-05-07 02:20

Application Checklist

Eligibility

• Project must be based in the United States — no international projects eligible
• Applicant must be a municipality or private company (for-profit entities); non-profits and NGOs are not eligible

Project Scope

• Project must demonstrate potential to unlock new rPET or high-yield recycled material supply

Required Documents

• Online application form required; no deadline — rolling basis

Constraints

• Must demonstrate ability to repay loans (creditworthiness, collateral); this is debt financing, not a grant
• Loan term 3-8 years; loan amount USD 500k-5M; secured by collateral

Summary

The Closed Loop Local Recycling Fund is a catalytic capital and private credit facility managed by Closed Loop Partners in partnership with PepsiCo Beverages North America. The fund's mission is to increase recycling access in U.S. communities that currently have no or limited recycling infrastructure, thereby unlocking a new supply of post-consumer recycled plastic (rPET) and other valuable materials. The programme objectives are to fund recycling infrastructure across three categories: Collection (new or expanded curbside collection systems, recycling carts, transfer station initiatives), Sortation (new facilities and technologies capturing household recyclables), and Processing (mechanical or labor-based facilities that prepare materials into raw materials for recycling markets). The strategic goal is to support PepsiCo's pep+ sustainable packaging targets. Eligible applicants are municipalities and private companies in the United States. Applications are evaluated on: potential to unlock net new rPET material supply; materials diversion from disposal; applicant ability to repay; replicability and scalability of the model; increase in recycling access or participation; recovery/reuse of post-consumer commodities; and community economic benefit. Financing structure: Loans range from USD 500,000 to USD 5 million over 3-8 year terms, secured by collateral. Equity investments are sized on a case-by-case basis. The fund emphasises flexible and risk-tolerant capital with long-term perspective on building circular supply chains. Geographic scope: United States only. All projects must be U.S.-based. Non-profit organisations and international entities are not eligible. Applications accepted on a rolling basis via the online application form on the Closed Loop Partners website.

Historical Context

Closed Loop Partners is a leading U.S. circular economy investment firm managing venture capital, private equity, and catalytic capital. The Local Recycling Strategy is one of four catalytic capital strategies, partnered with PepsiCo to support pep+ sustainable packaging goals. Closed Loop has operated for over a decade investing in circular economy infrastructure.

Sources

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

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