Patria has successfully transferred its Aguas Pacifico desalination project in Chile to another fund and private equity investors, aided by Proskauer Rose LLP and Carey law firms. This initiative underscores the firm’s commitment to enhancing water supply amid Chile’s water scarcity issues.
Patria, a Brazilian investment firm, has transitioned the Aguas Pacifico desalination project in Chile to another one of its investment funds alongside a consortium of private equity investors. This strategic move is facilitated by the legal expertise from Proskauer Rose LLP’s offices and Chile’s Carey law firm, showcasing the importance of legal support in complex investment transactions. The project aims to enhance water supply solutions in Chile, a region facing significant water scarcity challenges.
The transfer of the Aguas Pacifico project highlights the growing importance of desalination technology in addressing water scarcity in Chile. With the backing of experienced legal professionals, Patria’s investments point towards a positive trend in sustainable water management solutions.
Original Source: latinlawyer.com
