Tellus is pleased to announce a new $240m, 5 year corporate debt facility secured in partnership with amicaa and The Carlyle Group. This financing strengthens our platform for future growth, boosts our financial flexibility, and underpins the construction of our second waste cell at Sandy Ridge, set for completion in 2026.
According to Tellus CEO Nate Smith:
“This refinancing gives us the flexibility and funding to continue our growth. Our focus now turns to safely delivering the second cell at Sandy Ridge – ensuring we continue to provide Australia’s safest place for hazardous waste.”
Tellus acknowledges the support of our financial adviser, Grant Samuel, to secure this deal, which is another step forward in fulfilling our ambition to protect future generations by creating a cleaner, greener Australia, with a more advanced circular economy.