Fort Capital Partners is pleased to announce that GRT (the “Company”) has secured a long-term financing package from Canadian Western Bank (“CWB”) to refinance its current credit facilities and provide additional financial flexibility. With this new agreement in place, GRT is better positioned to achieve its future growth plans.
GRT is an innovator in the soil and water remediation industry which owns and operates a resource regeneration plant in Nanaimo, British Columbia. The Company’s custom plant combines off-the-shelf machinery with proprietary processes and know-how to efficiently turn contaminated soils destined for landfills into clean aggregates ready for reuse. Resource regeneration offers significant cost and environmental benefits versus traditional disposal and remediation methods and GRT is actively pursuing opportunities for further plants in new markets.
Fort Capital Partners acted as Credit Advisor to GRT on refinancing the credit facilities.