Patria has transferred its Chilean desalination project, Aguas Pacifico, to a sister fund and private equity investors, supported by Proskauer Rose and Carey law firms. This strategic move reflects Patria’s focus on optimizing its investment portfolio in the water sector.
Patria, a leading Brazilian investment firm, has successfully transferred its desalination project, Aguas Pacifico, in Chile to a sister fund alongside a consortium of private equity buyers. This transaction has been facilitated with legal support from Proskauer Rose LLP at its two offices and the Chilean law firm Carey. The move signifies a strategic shift within Patria’s investment portfolio in response to emerging opportunities in the water sector.
In conclusion, the transfer of the Aguas Pacifico desalination project underscores Patria’s proactive approach to investment management. By reallocating assets to a sister fund and private equity buyers, the firm is positioning itself to maximize returns within the growing water infrastructure market in Chile. Legal expertise from prominent firms has been integral to this strategic transaction.
Original Source: latinlawyer.com
