Investment firm buys Totally Green

In a move to gain financing and marketing support, organic waste processing company Totally Green Inc. (Columbus, GA) has merged with York Plains Investment Corp., a Toronto-based investment firm. Under the terms of the transaction, York Plains is taking a 50% interest in Totally Green, providing $5 million in equity financing and up to $15 million in equipment financing. Totally Green said that it will use the financing to pay down an existing line of credit and to fund general, administrative, and working capital expenditures. Totally Green’s ORCA Green Machine food waste processing system handles up to 2,400 pounds of food waste per day, turning the waste into a nutrient-rich liquid.