PERENfra announces Perennial Infrastructure Fund I
PERENfra has launched the Perennial Infrastructure Fund I, a private investment fund targeting $125 million to invest in core water infrastructure assets. The Fund has secured strategic investments from Garney Equity Holdings and Ferguson Ventures, positioning itself as the first investment vehicle focused solely on water infrastructure.
The Fund has already begun allocating capital, with plans for full deployment by 2026. Initial investments include financing, designing, constructing, owning, and operating six new water and wastewater treatment plants. The Fund has attracted various US-based family offices as initial partners and expects to be fully subscribed by early 2025.
Led by Founder and CEO Jeff C. Nelson and President Gary Brauchle, PERENfra has operated independently since 2020. The Fund aims to address the unfulfilled capital needs in the water infrastructure market while delivering long-term returns to investors.
PERENfra ha lanciato il Perennial Infrastructure Fund I, un fondo di investimento privato che mira a raccogliere 125 milioni di dollari per investire in beni infrastrutturali idrici fondamentali. Il fondo ha già assicurato investimenti strategici da parte di Garney Equity Holdings e Ferguson Ventures, posizionandosi come il primo veicolo di investimento focalizzato esclusivamente sulle infrastrutture idriche.
Il fondo ha già iniziato ad allocare capitale, con piani per il pieno impiego entro il 2026. Gli investimenti iniziali includono il finanziamento, la progettazione, la costruzione, la proprietà e la gestione di sei nuovi impianti di trattamento delle acque e delle acque reflue. Il fondo ha attratto diversi family office con sede negli Stati Uniti come partner iniziali e prevede di essere completamente sottoscritto entro l'inizio del 2025.
Guidato dal fondatore e CEO Jeff C. Nelson e dal presidente Gary Brauchle, PERENfra opera in modo indipendente dal 2020. Il fondo mira a rispondere ai bisogni di capitale non soddisfatti nel mercato delle infrastrutture idriche, offrendo al contempo rendimenti a lungo termine agli investitori.
PERENfra ha lanzado el Perennial Infrastructure Fund I, un fondo de inversión privado que busca recaudar 125 millones de dólares para invertir en activos de infraestructura hídrica clave. El fondo ha asegurado inversiones estratégicas de Garney Equity Holdings y Ferguson Ventures, posicionándose como el primer vehículo de inversión enfocado exclusivamente en infraestructura hídrica.
El fondo ya ha comenzado a asignar capital, con planes para una implementación completa para 2026. Las inversiones iniciales incluyen financiamiento, diseño, construcción, propiedad y operación de seis nuevas plantas de tratamiento de agua y aguas residuales. El fondo ha atraído a varias oficinas familiares con sede en EE. UU. como socios iniciales y espera estar completamente suscrito a principios de 2025.
Dirigido por el fundador y CEO Jeff C. Nelson y el presidente Gary Brauchle, PERENfra ha operado de manera independiente desde 2020. El fondo tiene como objetivo abordar las necesidades de capital insatisfechas en el mercado de infraestructura hídrica mientras ofrece rendimientos a largo plazo a los inversores.
PERENfra는 Perennial Infrastructure Fund I를 출시하였으며, 1억 2500만 달러를 목표로 핵심 수자원 인프라 자산에 투자하는 민간 투자 펀드입니다. 이 펀드는 Garney Equity Holdings와 Ferguson Ventures로부터 전략적 투자를 확보하여 수자원 인프라에만 집중하는 첫 번째 투자 수단으로 자리 잡고 있습니다.
펀드는 이미 자본 할당을 시작했으며, 2026년까지 완전 배치를 계획하고 있습니다. 초기 투자에는 6개의 새로운 수처리 및 폐수 처리 시설의 자금 조달, 설계, 건설, 소유 및 운영이 포함됩니다. 이 펀드는 미국 기반의 여러 패밀리 오피스를 초기 파트너로 유치했으며, 2025년 초까지 완전 구독될 것으로 예상하고 있습니다.
창립자 겸 CEO인 Jeff C. Nelson과 사장 Gary Brauchle가 이끌고 있는 PERENfra는 2020년부터 독립적으로 운영되고 있습니다. 이 펀드는 수자원 인프라 시장에서 충족되지 않은 자본 요구를 해결하고 장기적으로 투자자에게 수익을 제공하는 것을 목표로 하고 있습니다.
PERENfra a lancé le Perennial Infrastructure Fund I, un fonds d'investissement privé visant à lever 125 millions de dollars pour investir dans des actifs d'infrastructure hydrique essentiels. Le fonds a sécurisé des investissements stratégiques de Garney Equity Holdings et Ferguson Ventures, se positionnant comme le premier véhicule d'investissement axé uniquement sur l'infrastructure de l'eau.
Le fonds a déjà commencé à allouer des capitaux, avec des plans pour un déploiement complet d'ici 2026. Les investissements initiaux comprennent le financement, la conception, la construction, la propriété et l'exploitation de six nouvelles usines de traitement des eaux et des eaux usées. Le fonds a attiré divers family offices basés aux États-Unis en tant que partenaires initiaux et s'attend à être entièrement souscrit d'ici début 2025.
Dirigé par le fondateur et PDG Jeff C. Nelson et le président Gary Brauchle, PERENfra opère de manière indépendante depuis 2020. Le fonds vise à répondre aux besoins en capital non satisfaits sur le marché de l'infrastructure de l'eau tout en offrant des rendements à long terme aux investisseurs.
PERENfra hat den Perennial Infrastructure Fund I ins Leben gerufen, einen privaten Investmentfonds, der 125 Millionen Dollar anstrebt, um in zentrale Wasserinfrastrukturvermögen zu investieren. Der Fonds hat strategische Investitionen von Garney Equity Holdings und Ferguson Ventures gesichert und positioniert sich als das erste Investitionsvehikel, das sich ausschließlich auf Wasserinfrastruktur konzentriert.
Der Fonds hat bereits mit der Kapitalzuweisung begonnen und plant, bis 2026 vollständig eingesetzt zu werden. Zu den ersten Investitionen gehören die Finanzierung, Planung, Konstruktion, Eigentum und Betrieb von sechs neuen Wasser- und Abwasserbehandlungsanlagen. Der Fonds hat verschiedene in den USA ansässige Family Offices als erste Partner angezogen und erwartet, bis Anfang 2025 vollständig gezeichnet zu sein.
Unter der Leitung von Gründer und CEO Jeff C. Nelson sowie Präsident Gary Brauchle operiert PERENfra seit 2020 unabhängig. Der Fonds zielt darauf ab, die unerfüllten Kapitalbedürfnisse im Wasserinfrastrukturmarkt zu adressieren und gleichzeitig langfristige Renditen für die Investoren zu erzielen.
- Secured strategic investments from major industry players Garney Equity Holdings and Ferguson Ventures
- Already has concrete plans for six water and wastewater treatment plants
- Operating in the $340B North American construction market
- Clear deployment timeline with full allocation expected by 2026
- None.
Insights
Ferguson's strategic investment in the Perennial Infrastructure Fund I marks a calculated entry into the critical water infrastructure sector, offering multiple strategic advantages for shareholders. The investment provides three key benefits:
1. Market Intelligence & Innovation Access: Through this partnership, Ferguson gains privileged insights into emerging water infrastructure technologies and market trends. This intelligence could strengthen their core distribution business by allowing early identification and adoption of innovative solutions.
2. Strategic Positioning: The water infrastructure sector faces an estimated
3. Competitive Differentiation: This investment could enhance Ferguson's value proposition to customers by deepening their expertise in sustainable water solutions. The partnership with PERENfra and Garney could lead to exclusive distribution arrangements or early access to innovative water technologies.
While the investment size isn't disclosed, the fund's modest
With a target size of
PERENfra is Manager of the Fund's General Partner and PIF Equity Partners, LLC is the Fund's investment manager. PERENfra has operated independently since being formed in 2020, and after building a substantial opportunity pipeline and portfolio of sustainable water infrastructure investments, PERENfra decided to launch the Fund to support its continued expansion and growth.
The Fund has brought in two strategic investors: Garney Equity Holdings and Ferguson Ventures. The two have teamed up with PERENfra to position the Fund as the first of its kind investment vehicle focused solely on water infrastructure.
Jeff Nelson, Founder and CEO of PERENfra, said:
"We're humbled and excited by the support of our investors and partners in the Fund. There is an unfulfilled need for capital in the water infrastructure market, and we're ready to address that demand. We're confident in our investment strategy, and we look forward to continuing our positive environmental and social impacts while delivering attractive long-term returns to our investors."
Garney Equity Holdings is the investment arm of Garney Companies Inc., the largest water and wastewater contractor in the
Ferguson is the largest value-added distributor serving the residential and non-residential specialized professional. Ferguson Ventures is the corporate venture capital and strategic partnering arm of Ferguson, focusing on innovation within the
"Ferguson Ventures sees this investment in the Perennial Infrastructure Fund I as a strategic step toward enhancing innovation and sustainability within the water infrastructure sector," said Blake Luse, Managing Director at Ferguson Ventures. "By engaging with PERENfra and Garney, we aim to deepen our understanding of emerging technologies and industry trends that can enrich our ability to serve our customers. This collaboration is in line with our core mission to provide value-added solutions and supports our commitment to fostering sustainable water solutions for the communities we serve."
The Fund has made significant progress in allocating its capital and anticipates full deployment by 2026. The initial investments are supported by long-term contracts to finance, design, construct, own, and operate six (6) new water and wastewater treatment plants.
The Fund has attracted substantial interest from investors knowledgeable about the water industry and the challenges associated with the traditional investment options in the sector. The Fund focuses on unique opportunities that are sole-sourced which improves efficiency and greatly improves the timeline to develop and construct much needed infrastructure.
In addition to Garney and Ferguson, the Fund's initial LP's are comprised of various US-based family offices.
Davis Graham and Stubbs LLP served as legal counsel to the Fund.
About PERENfra:
PERENfra invests in, acquires, develops, and operates essential water infrastructure. Our assets provide our clients and partners reliability, efficiency, and quality in a market that is suffering from severe underinvestment and aging infrastructure. Led by a team of experts with more than 120 years of combined experience in the water sector, PERENfra is focused on ensuring water quality, conservation, and accessibility across
About Garney:
Garney Companies Inc. is the national leader in water and wastewater infrastructure. Since 1961, Garney has been committed to delivering clean, safe drinking water and protecting public health through essential water and wastewater systems. Garney specializes in self-performing construction services for water and wastewater pipelines, treatment facilities, pumping stations, water storage tanks, and industrial/heavy civil projects through conventional and collaborative delivery methods for municipal, federal, and private sector clients. As a
About Ferguson:
Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in our
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SOURCE Garney Construction and PERENfra
FAQ
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