OMNI Environmental Solutions Completes Asset Exchange with Select Water Solutions in Bakken, Anadarko and Marcellus/Utica Regions.

Wednesday, Sep 10, 2025 8:55 am ET2min read

OMNI Environmental Solutions, a portfolio company of One Equity Partners, has completed a transaction with Select Water Solutions, acquiring certain environmental transportation, logistics and disposal assets in the Bakken, Anadarko Basin and Marcellus/Utica regions. OMNI also divested waste disposal infrastructure assets in the Bakken region. The deal is expected to be immediately accretive to OMNI's operations and supports its focused transformation strategy.

Noble Environmental, Inc. ("Noble"), a regional solid waste management company, has successfully closed a $100.0 million aggregate principal amount issuance of Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue Bonds, Series 2025. The bonds, priced at a yield of 7.00% and with a coupon rate of 6.875%, will mature on September 1, 2047 Noble Environmental, Inc. Announces Closing of Inaugural Issuance of $100.0 million in Aggregate Principal Amount of Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue Bonds (Noble Environmental, Inc. Project)...[1].

The bonds are guaranteed by certain subsidiaries of Noble and are not a general obligation of the Issuer, nor do they constitute an indebtedness of or a charge against the general credit of the Issuer. They are payable solely from amounts received from Noble under the terms of the indenture. The transaction was significantly oversubscribed, reflecting Noble's strong growth and execution.

Nick Stork, Executive Chairman of Noble, noted, "The successful closing of the Bonds reflects Noble’s strong growth, recent execution and bright future. I am incredibly proud of our management team and the biogas development team, as we continue to add new renewable natural gas facilities to our asset base of vertically integrated landfills."

Terry Cunningham, Chief Financial Officer of Noble, added, "We are very appreciative for the support from PEDFA and the investor community of Noble’s inaugural tax-exempt bond offering. This transaction provides Noble with long-term, fixed-rate financing, enabling our ongoing investments in essential solid waste infrastructure throughout the Commonwealth of Pennsylvania."

J.P. Morgan Securities LLC served as the bookrunner, while Truist Securities, Inc. served as the co-manager. CTBH Partners LLC acted as the financial advisor, and Winston & Strawn LLP served as counsel to Noble.

The bonds were offered only to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended. They have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.

Noble is headquartered in Canonsburg, Pennsylvania, and provides waste collection, transportation, and disposal services through its platform of solid waste landfills and transfer stations throughout Pennsylvania, Ohio, and Maryland. The company also designs, builds, and operates its own renewable natural gas facilities at its landfill gas generating landfill locations. Noble employs approximately 400 employees.

This press release contains forward-looking statements, which are subject to certain risks and uncertainties. Management expressly disclaims any obligation to update such statements to reflect any change in its expectations whether as a result of new information, future events, or otherwise, except as required.

Noble Environmental, Inc. Announces Closing of Inaugural Issuance of $100.0 million in Aggregate Principal Amount of Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue Bonds (Noble Environmental, Inc. Project)...[1]: Noble Environmental, Inc. Announces Closing of Inaugural Issuance of $100.0 million in Aggregate Principal Amount of Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue Bonds, Series 2025, Business Wire, September 4, 2025.

OMNI Environmental Solutions Completes Asset Exchange with Select Water Solutions in Bakken, Anadarko and Marcellus/Utica Regions.

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