Divert announces $1B infrastructure development agreement with Enbridge

Divert announced a $1B infrastructure development agreement with Enbridge, solidifying the company’s leadership in solving the wasted food crisis and delivering on its mission to decarbonize the food value chain and combat climate change. In addition, Divert secured $80M in growth equity from Enbridge and also $20M led by current investor Ara Partners. The $1B infrastructure agreement will support the development of wasted food to renewable natural gas, or RNG, facilities across North America. This will accelerate Divert’s expansion of anaerobic digestion facilities to sustainably convert wasted food into clean renewable energy, with the potential to offset up to nearly 400,000 metric tons of carbon dioxide annually. Divert plans to scale its facilities to every major geographic region in the U.S. to be within 100 miles of 80% of the U.S. population in the next eight years. New wasted food to RNG facilities will also be considered for Canada.