Patria Investments Announces Sale of Aguas Pacifico
Patria Investments (NASDAQ: PAX) has announced that its Infrastructure Fund III (IS Fund III) will sell Aguas Pacifico, a multi-client water desalination project under construction in Chile, to Patria Infrastructure Fund V (IS Fund V) and other investors. The sale agreement, signed in December 2024, is expected to complete in Q1 2025.
The transaction has received support from multiple global investors, including sovereign wealth funds and institutional investors, demonstrating the platform's long-term attractiveness. Aguas Pacifico, located in Chile's central region, is strategically positioned for growth due to severe water scarcity and strong demand in the area.
The deal showcases Patria's strategic approach to infrastructure investment in Latin America, highlighting their ability to develop and de-risk high-quality assets while partnering with global investors. Patria manages over $44 billion in assets across various classes including Private Equity, Infrastructure, Credit, Public Equities, Real Estate, and Global Private Markets Solutions.
Patria Investments (NASDAQ: PAX) ha annunciato che il suo Infrastructure Fund III (IS Fund III) venderà Aguas Pacifico, un progetto di dissalazione d'acqua multi-cliente in fase di costruzione in Cile, al Patria Infrastructure Fund V (IS Fund V) e ad altri investitori. L'accordo di vendita, firmato a dicembre 2024, dovrebbe concludersi nel primo trimestre del 2025.
La transazione ha ricevuto supporto da diversi investitori globali, inclusi fondi sovrani e investitori istituzionali, dimostrando l'attrattiva a lungo termine della piattaforma. Aguas Pacifico, situato nella regione centrale del Cile, è strategicamente posizionato per la crescita a causa della grave scarsità d'acqua e della forte domanda nella zona.
L'accordo mette in evidenza l'approccio strategico di Patria agli investimenti infrastrutturali in America Latina, sottolineando la loro capacità di sviluppare e ridurre i rischi su asset di alta qualità mentre collaborano con investitori globali. Patria gestisce oltre 44 miliardi di dollari in attivi in diverse categorie, tra cui Private Equity, Infrastrutture, Credito, Azioni Pubbliche, Immobiliare e Soluzioni per Mercati Privati Globali.
Patria Investments (NASDAQ: PAX) ha anunciado que su Infrastructure Fund III (IS Fund III) venderá Aguas Pacifico, un proyecto de desalinización de agua multicliente en construcción en Chile, al Patria Infrastructure Fund V (IS Fund V) y otros inversionistas. El acuerdo de venta, firmado en diciembre de 2024, se espera que se complete en el primer trimestre de 2025.
La transacción ha recibido el apoyo de múltiples inversionistas globales, incluidos fondos soberanos e inversores institucionales, lo que demuestra la atractividad a largo plazo de la plataforma. Aguas Pacifico, ubicado en la región central de Chile, está estratégicamente posicionado para el crecimiento debido a la grave escasez de agua y la alta demanda en la zona.
El trato muestra el enfoque estratégico de Patria hacia la inversión en infraestructura en América Latina, destacando su capacidad para desarrollar y reducir el riesgo de activos de alta calidad mientras colaboran con inversionistas globales. Patria gestiona más de 44 mil millones de dólares en activos a través de diversas clases, incluyendo Capital Privado, Infraestructura, Crédito, Acciones Públicas, Bienes Raíces y Soluciones para Mercados Privados Globales.
Patria Investments (NASDAQ: PAX)는 Infrastructure Fund III (IS Fund III)가 칠레에서 진행 중인 다중 고객용 해수 담수화 프로젝트인 Aguas Pacifico를 Patria Infrastructure Fund V (IS Fund V) 및 기타 투자자에게 판매한다고 발표했습니다. 2024년 12월에 체결된 판매 계약은 2025년 1분기에 완료될 것으로 예상됩니다.
이번 거래는 여러 글로벌 투자자들, 특히 국부펀드와 기관 투자자들의 지원을 받았으며, 플랫폼의 장기적인 매력을 보여줍니다. Aguas Pacifico는 칠레 중앙 지역에 위치해 있으며, 심각한 물 부족과 이 지역의 강한 수요로 인해 성장 가능성이 높습니다.
이번 거래는 라틴 아메리카에서 인프라 투자에 대한 Patria의 전략적 접근을 보여주며, 고품질 자산을 개발하고 위험을 줄일 수 있는 능력을 강조하고, 글로벌 투자자와 협력하는 방식을 강조합니다. Patria는 Private Equity, Infrastructure, Credit, Public Equities, Real Estate, 그리고 Global Private Markets Solutions를 포함한 다양한 범주에서 440억 달러 이상의 자산을 관리하고 있습니다.
Patria Investments (NASDAQ: PAX) a annoncé que son Infrastructure Fund III (IS Fund III) vendra Aguas Pacifico, un projet de désalinisation d'eau multi-clients en construction au Chili, au Patria Infrastructure Fund V (IS Fund V) et à d'autres investisseurs. L'accord de vente, signé en décembre 2024, devrait être finalisé au premier trimestre 2025.
Cette transaction a bénéficié du soutien de plusieurs investisseurs mondiaux, notamment des fonds souverains et des investisseurs institutionnels, montrant ainsi l'attractivité à long terme de la plateforme. Aguas Pacifico, situé dans la région centrale du Chili, est stratégiquement positionné pour la croissance en raison de la grave pénurie d'eau et de la forte demande dans la région.
L'accord met en évidence l'approche stratégique de Patria en matière d'investissement dans les infrastructures en Amérique Latine, mettant en avant leur capacité à développer et à réduire les risques sur des actifs de haute qualité tout en s'associant avec des investisseurs mondiaux. Patria gère plus de 44 milliards de dollars d'actifs dans diverses classes, y compris le capital-investissement, l'infrastructure, le crédit, les actions publiques, l'immobilier et les solutions de marchés privés mondiaux.
Patria Investments (NASDAQ: PAX) hat angekündigt, dass ihr Infrastructure Fund III (IS Fund III) Aguas Pacifico, ein mehrschichtiges Entsalzungsprojekt in Chile, an den Patria Infrastructure Fund V (IS Fund V) und andere Investoren verkaufen wird. Der Verkaufsvertrag, der im Dezember 2024 unterzeichnet wurde, soll im ersten Quartal 2025 abgeschlossen werden.
Die Transaktion hat Unterstützung von mehreren globalen Investoren, darunter Staatsfonds und institutionelle Investoren, erhalten, was die langfristige Attraktivität der Plattform unter Beweis stellt. Aguas Pacifico, das sich in der zentralen Region Chiles befindet, ist strategisch günstig positioniert für Wachstum aufgrund der schweren Wasserknappheit und der starken Nachfrage in der Region.
Der Deal zeigt Patria's strategischen Ansatz für Infrastrukturinvestitionen in Lateinamerika und hebt ihre Fähigkeit hervor, hochwertige Vermögenswerte zu entwickeln und die Risiken zu minimieren, während sie mit globalen Investoren zusammenarbeiten. Patria verwaltet über 44 Milliarden Dollar in Vermögenswerten aus verschiedenen Klassen, darunter Private Equity, Infrastruktur, Kredit, öffentliche Aktien, Immobilien und globale private Marktlösungen.
- Sale agreement secured for Aguas Pacifico project with completion expected in Q1 2025
- Strong investor backing from sovereign wealth funds and institutional investors
- Strategic positioning in high-demand water scarce region with growth potential
- $44 billion in assets under management demonstrating significant scale
- Project still under construction, indicating execution risk
- Sale to related fund (Fund V) rather than independent third party
Insights
This strategic transaction represents a significant milestone for Patria Investments, showcasing their sophisticated approach to infrastructure asset management and value creation. The sale of Aguas Pacifico from IS Fund III to IS Fund V, along with other institutional investors, demonstrates several key strengths:
First, the fund-to-fund transaction structure is particularly noteworthy as it allows Patria to: 1) Realize returns for IS Fund III investors while maintaining operational control of a strategic asset 2) Provide IS Fund V with a de-risked, operational infrastructure project and 3) Attract additional institutional capital, validating the asset's value proposition.
The timing of this transaction is strategic from multiple perspectives. For IS Fund III, it provides an exit opportunity at a point where the asset's development risk has been substantially mitigated. For IS Fund V and new investors, they gain exposure to a critical infrastructure asset in Chile's water-stressed central region, where demand fundamentals remain strong. The participation of sovereign wealth funds particularly underscores the asset's institutional quality and long-term return potential.
From Patria's perspective as the asset manager, this transaction should generate multiple revenue streams: 1) Performance fees from IS Fund III's exit 2) Management fees from IS Fund V and co-investors on the acquired asset and 3) Potential future performance fees based on asset appreciation. This demonstrates Patria's ability to create value through both asset development and sophisticated fund structuring.
GRAND CAYMAN, Cayman Islands, Jan. 31, 2025 (GLOBE NEWSWIRE) -- 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 this asset is expected to be completed in 1Q25 and will be supported by a number of global investors, including sovereign wealth funds and institutional investors, in addition to IS Fund V, highlighting the long-term attractiveness of this platform.
The transaction reflects Patria’s long-term commitment to investing across infrastructure sectors in Latin America that address structural bottlenecks and generate positive impact on local economies and populations. Aguas Pacifico is located in Chile’s central region and is positioned for additional growth considering the strong demand and severe water scarcity in the region. It also illustrates the power of Patria’s strategic approach to infrastructure investment in the region, demonstrating our ability to develop and de-risk high-quality assets, partner with global investors, and generate attractive investment returns.
About Patria Investments
Crafting attractive returns for its clients and building a legacy in the regions where it operates. Patria is a leading alternative investment firm with over 35 years of history specializing in key resilient sectors. Its unique approach combines the knowledge from macro analysts, investment leaders, operating partners and on the ground team. With over U
Asset Classes: Private Equity, Infrastructure, Credit, Public Equities, Real Estate and Global Private Markets Solutions
Investment Regions: Latin America, Europe and United States
Forward-Looking Statements
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Media Contact:
Burson / +44 20 7113 3468 / patria@hillandknowlton.com
Patria Shareholder Relations:
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FAQ
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When was the Aguas Pacifico sale agreement signed by Patria (PAX)?
