HOUSTON & NEW YORK — Resource Environmental Solutions, LLC (“RES”), a leader in the ecological solutions market, announced that NY-based investment firm KKR is making a significant investment in RES to support its next phase of growth and development. The amount of the investment was not disclosed.
RES is the largest and fastest growing dedicated provider of ecological solutions in the United States. The company’s environmental conservation and restoration activities include permitting restored wetlands, streams, and species habitats to preserve land, enhance water quality, and protect wildlife for future generations. RES seeks to provide commercial solutions that help clients manage risk from operations in environmentally sensitive areas. RES delivers a fully integrated suite of ecological services to its clients, providing proactive impact analyses for development projects, helping to streamline the regulatory permitting process, executing and delivering value-added conservation and restoration activities, and limiting liability and regulatory exposure when impacts cannot be avoided. RES’ overarching aim is to deliver client focused solutions that facilitate investment and sustainable economic development, while maintaining environmental stewardship.
Elliott Bouillion, RES President and CEO, commented: “Nine years ago, RES was founded in Louisiana, home to some of the nation’s most fragile and valuable wetlands, to supply wetland restoration solutions. Today, as responsible stewards of land and water, we are delivering a full suite of ecological restoration solutions along the Gulf Coast, across Appalachia, the Mid-Atlantic and in the Southeastern U.S., and most recently in the Midwest. After working with KKR for approximately 18 months, we ultimately concluded that KKR’s resources, expertise, and commitment to our mission make them an ideal partner for our next phase of growth. Our partnership with KKR allows us to complete our nationwide delivery model and evolve into a global supplier of ecological solutions.”
Since the company’s founding in 2007, several hundred companies across numerous industries, including electric transmission and distribution, renewable energy, commercial developers, industrial plants, auto manufacturing, mining, oil & gas, petrochemicals, and local, state and federal governments, have worked with RES to facilitate their largest, most complex development projects. During that time, RES restored and conserved 155 miles of streams and over 40,000 acres of wetlands in environmentally sensitive habitats. In addition, this month, the company announced the completion of its most recent planting season and a significant milestone, with the planting of its ten millionth restorative tree.
Robert Antablin, Head of KKR’s Americas Energy Private Equity team, added, “RES offers critical client-focused solutions that simultaneously facilitate economic development and environmental stewardship. We have developed a wonderful relationship with Elliott and the management team of RES over the past year and a half, and we look forward to backing RES in its next phase of growth.”
KKR is making the investment from its eleventh Americas Private Equity investment fund. RES will participate in KKR’s Green Solutions Platform, which supports environmental initiatives at KKR portfolio companies across three areas: eco-efficiency, eco-innovation, and/or eco-solutions.