Patria Investments Limited Announces Sale of Aguas Pacifico Project
GRAND CAYMAN, Cayman Islands, Jan. 31, 2025
Patria Infrastructure Fund III
Patria Investments Limited (“Patria”) (NASDAQ: PAX), a global alternative asset manager, announced that Patria Infrastructure Fund III (“IS Fund III”) has substantially met the conditions precedent necessary for the sale of Aguas Pacifico, a multi-client water desalination project under construction in Chile, to Patria Infrastructure Fund V (“IS Fund V”) and other investors. The agreement for the transaction was signed in December 2024.
The sale of the Aguas Pacifico project marks a significant milestone for Patria Investments Limited, showcasing the company’s commitment to investing in innovative infrastructure projects around the world. The project, once completed, is expected to provide much-needed clean drinking water to communities in Chile, while also generating attractive returns for investors.
Patria Infrastructure Fund III has worked diligently to ensure that all necessary conditions for the sale of the Aguas Pacifico project are met, demonstrating the company’s dedication to delivering value to its investors. By partnering with Patria Infrastructure Fund V and other investors, Patria Investments Limited has paved the way for continued growth and success in the infrastructure sector.
How this will affect me
As a global alternative asset manager, Patria Investments Limited’s sale of the Aguas Pacifico project may have indirect effects on individuals like you. The completion of this water desalination project in Chile could potentially lead to improved access to clean drinking water for communities in the region, which in turn may benefit the local economy and quality of life for residents. Additionally, the success of this project could attract further investments in infrastructure development, creating opportunities for job growth and economic prosperity.
How this will affect the world
The sale of the Aguas Pacifico project by Patria Investments Limited has the potential to have a positive impact on the world at large. By supporting the development of essential infrastructure projects like water desalination, Patria is contributing to efforts to address water scarcity and ensure sustainable access to clean drinking water for communities globally. This transaction sets a positive example for responsible investing in infrastructure, highlighting the importance of private sector involvement in tackling pressing global challenges.
Conclusion
In conclusion, Patria Investments Limited’s sale of the Aguas Pacifico project represents a significant achievement for the company and underscores its commitment to investing in critical infrastructure projects. The successful completion of this transaction not only benefits investors but also has the potential to make a meaningful impact on communities in Chile and beyond. By supporting projects like Aguas Pacifico, Patria is helping to build a more sustainable and resilient future for all.
