Naturion, an integrated owner of environmental infrastructure assets, announced the closing of a landmark financing with Societe Generale and HSBC Asset Management to support the continued expansion of its portfolio of stream and wetland restoration assets across the United States.
The financing provides Naturion with additional capital to accelerate the growth of its national platform, supporting the development of environmental restoration projects that restore degraded streams and wetlands and generate credits that infrastructure developers and other permit applicants use to offset permitted environmental impacts.
Naturion builds, owns, designs, and manages environmental restoration projects, including mitigation banks, across the U.S. With a portfolio spanning 25 states, the company has developed one of the industry’s broadest national platforms for delivering stream and wetland restoration assets at scale. Its vertically integrated platform includes land sourcing, permitting, design and engineering, project implementation, asset management, and credit sales, enabling the company to deliver restoration outcomes across multiple markets.
The company said the financing strengthens its ability to meet increasing demand from public and private infrastructure developers while continuing to restore and protect aquatic resources throughout the country. Naturion noted that its restoration projects help support critical infrastructure development while generating measurable environmental benefits, including improved water quality, enhanced biodiversity, floodplain reconnection, and the long-term conservation of restored environmental resources.
Latham & Watkins LLP served as legal counsel to Naturion. Milbank LLP advised the lenders, and DC Advisory served as financial advisor to Naturion.
KEY QUOTES:
“This financing represents an important milestone for Naturion and for the broader environmental infrastructure sector. It reflects the strength of our platform, the durability of our asset base and the growing importance of private capital in delivering measurable environmental restoration while supporting critical infrastructure development across the country.”
Chris Elliott, Chief Executive Officer, Naturion
“This transaction enhances our ability to meet growing demand from public and private infrastructure developers while continuing to restore and protect aquatic resources in communities across the country. We are grateful to Societe Generale, HSBC Asset Management and our advisors for their support and confidence in Naturion’s long-term growth strategy.”
Justin Mondshine, Chief Investment Officer, Naturion
