Patria, a Brazilian investor, has transferred its Chilean desalination project Aguas Pacifico to another fund along with private equity buyers, with legal support from Proskauer Rose LLP and Carey.
Patria, a Brazilian investment firm, has successfully transferred its Chilean desalination project, known as Aguas Pacifico, to a sister fund along with a consortium of private equity investors. This strategic move was supported by two offices of Proskauer Rose LLP and Chilean law firm Carey, showcasing an effective collaboration in facilitating significant investment transactions in the water infrastructure sector. Such transfers exemplify the growing interest in sustainable water solutions in developing markets like Chile.
The transfer of the Aguas Pacifico desalination project illustrates the increasing importance of investment in water resources and sustainable infrastructure. The collaboration among legal firms highlights the complexity and value of legal expertise in such transactions, which can lead to significant benefits for private equity investors and the local economy.
Original Source: latinlawyer.com