OSLO, Norway – July 25th, 2025 – Agilyx ASA (OSE: AGLX; OTCQX: AGXXF; ISIN: NO0010872468; WKN: A2QGQ) (“Agilyx” or the “Company”) announces that GreenDot Global has signed binding agreements for a €27.5m financing round led by Pioneer Point Partners, a leading, London-based, sustainability infrastructure firm and current shareholder in GreenDot. Under the terms of the transaction, funds advised by Pioneer will invest €16m, Agliyx €7m, and Circular Resources €4.5m. Agilyx's €7m investment is fully funded by the €20m debt financing the Company announced on July 17th,2025.
The funding enables namely GreenDot Global to make investments in its Italian mechanical and advanced recycling platforms, capitalizing on increasing demand for high-quality plastic end products from mechanical recycling sources, and to deliver on pending contracts for the supply of advanced recycling feedstock.
After completion of the investment, Agilyx ASA will hold 44% of GreenDot Global, Pioneer Point 34%, and Circular Resources 22%. The Board of GreenDot Global will comprise Ranjeet Bhatia, CEO of Agilyx, Giuseppe Curatolo, Partner at Pioneer Point, Carlos Monreal, Founder of Circular Resources, and Laurent August, CEO of GreenDot.
In separate news, GreenDot Global has received a change of control waiver from its lenders, a precondition for the closing of the investment into GreenDot announced by Agilyx ASA on July 17th,2025.
ABOUT AGILYX
Agilyx ASA is at the forefront of advanced recycling, converting post-use plastics into high-value feedstock and virgin-equivalent products. Through Cyclyx, its joint venture with ExxonMobil (25%) and LyondellBasell (25%), Agilyx supports the collection and processing of post-use plastic waste into custom-formulated, high-quality feedstock solutions for global plastic producers. Through Plastyx, its joint venture with Circular Resources (40%), Agilyx provides critical European-sourced feedstock to the global mechanical and advanced recycling markets. Additionally, Agilyx markets TruStyrenyx, a polystyrene advanced recycling solution that combines its Styrenyx depolymerization technology with Technip Energies' purification process. By advancing from a linear "make-take-waste" model to a circular economy, Agilyx supports the transition to a low-carbon future.
Inquiries: investors@agilyx.com
Learn more at: www.agilyx.com
ABOUT GREENDOT
GreenDot brings nearly three decades of experience in the circular economy and deep commercial relationships with global brands such as Nestle, PepsiCo, and Mondelez, providing a unique end-to-end food packaging solution to brand owners. Its close cooperation with Agilyx will significantly enhance Agilyx’s long-term feedstock strategy and capacity to scale advanced plastic recycling solutions, creating a unique global platform for waste plastic feedstock to meet rapidly increasing demand for high-quality feedstock.