LOST HILLS, CALIF. – On Jan. 10, 2025, The Holloway Group hosted a groundbreaking ceremony to kick off construction on its state-of-the-art materials recovery facility (MRF) at its Lost Hills landfill site.
Developed in partnership with TPI Industries and backed by EIG, a leading institutional investor to the global energy and infrastructure sectors, the $220 million facility will endeavor to significantly advance California’s sustainability goals.
“This groundbreaking represents more than just a new facility — it symbolizes Holloway’s commitment to providing cyclical economy solutions supporting a cleaner, more sustainable future,” said Brian Maxted, CEO of The Holloway Group. “We are proud to partner with TPI Industries and EIG to bring this transformative project to life.”
Once operational, the facility is expected to divert tens of thousands of tons of waste annually from landfills, reduce greenhouse gas emissions and recover critical materials to support the energy transition.
“I’m very proud of this (landfill) facility. I’m thankful for all of the work you have done to date,” said Kern County 4th District Supervisor David Couch, who was on hand for Friday’s event. “…You do a great job of operating it and I’m thankful for that. I never get a complaint about this facility.”
Couch also presented the team with a certificate of recognition for the project and spoke to the crowd about the sustainability benefits of the project, and impact on local jobs and the economy.
“All the investment that you are making, all the time and effort and money going into this, is going to provide jobs to people that live in the 4th district, and I so appreciate that, and the rest of the board of Kern County does as well.”
The joint venture between The Holloway Group and TPI Industries underscores a shared vision for innovation in waste management and environmental stewardship.
“I would like to say this is truly an honor to stand before you today and break ground on on a project that represents, not just a new facility, but a bold step forward in terms of sustainability, innovation, and our collective responsibility to protect and preserve our planet,” said Ashley Day, Managing Director with TPI. “Today we celebrate the beginning of one of the world’s largest material recovery operations, right here in Lost Hills. The facility will be more than just a recovery and recycling plant, it will showcase what is possible when industry and technology and commitment to a sustainable future truly come together.”
The project highlights the growing alignment between sustainable initiatives and impactful investment strategies through recovering metals critical to the energy transition as well as other valuable materials.
“We are thrilled to partner in a project that not only promotes environmental responsibility but also delivers substantial economic benefits,” Maxted said. “We believe this facility will create jobs, stimulate the local economy, and position Kern County as a leader in recycling and sustainability.”
Construction will generate hundreds of jobs in the short term and nearly 50 permanent positions upon completion. Beyond its economic impact, the recycling center will feature advanced sorting and processing systems designed to maximize efficiency and recovery rates, setting a new standard for the industry.
“EIG is proud to support this project,” said Austin Pearson, Managing Director at EIG. “We believe this facility exemplifies how sustainable infrastructure can deliver both environmental and financial returns.”
About the Holloway Group
Founded in 1932 as H.M. Holloway Inc., a gypsum mine located in Lost Hills, Calif., Holloway has grown into a multi-unit group of privately held, affiliated companies in the agricultural, environmental, mining and logistics industries. With locations in Bakersfield, Paso Robles and Lost Hills, Holloway is committed to developing economical, sustainable and innovative solutions for communities throughout California.
To learn more about Holloway, visit hmholloway.com.
About EIG
EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.5 billion assets under management as of September 30, 2024. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 42-year history, EIG has committed over $49.3 billion to the energy sector through 415 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, visit eigpartners.com.
About TPI Industries
TPI Industries is a leader in sustainable waste management solutions, dedicated to advancing environmental innovation and creating value for communities.
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