EQT’s Toby Rice Personally Invests in Sewage Sludge Disposal Vendor

EQT CEO Toby Rice has personally led a strategic investment round in Pittsburgh-based Orbital Biocarbon, an infrastructure company focused on sewage-sludge disposal for wastewater utilities. While no details were shared on how much he invested, this funding aims to accelerate the deployment of Orbital’s cleaner, cost-effective disposal services to address the industry's challenges of tightening regulations and shrinking capacity.

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