OSB panel producer Louisiana-Pacific, and partner Casella Waste Systems, sold their interests in US GreenFiber, LLC to a limited liability company formed by Tenex Capital Management $18 million cash.

Louisiana-Pacific Corporation and Casella Waste Systems Inc. announced that they have sold their membership interests in US GreenFiber, LLC to a limited liability company formed by Tenex Capital Management. ("Tenex") for total cash consideration of $18.0 million. They expect aggregate net cash proceeds to be approximately $7.0 million, after the working capital true-up and the repayment of indebtedness and other transaction expenses.