LONDON, February 17, 2026 – Proskauer advised the lead arrangers and underwriters in connection with the financing being provided to support the acquisition of Urbaser S.A., a global waste management company headquartered in Spain, by funds managed by Blackstone and EQT.

Urbaser is a European environmental infrastructure company focused on the provision of waste collection and treatment services. The Spanish headquartered company is currently owned by Platinum Equity. Blackstone Infrastructure and EQT Infrastructure will each own 50% of Urbaser and jointly manage the company.

The Proskauer team was led by partners Jake Keaveny, Warren Newton and Philip Bowden (Global Finance). The team also included partners Peter Mason and Court Tisdale and associates Sonali Kapoor, Zoe Ng and Venandah Madanhi (Global Finance).

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