Announced
Completed
Financials
Tags
water utilities
Water
Acquisition
Public
wastewater utilities
Single Bidder
United States
Friendly
Completed
Majority
Private Equity
Synopsis
Aqua America, the second-largest publicly traded water and wastewater utility based in the US, received an approximately $750m investment by Canada Pension Plan Investment Board. “We are pleased to partner with Aqua America to support the revitalization of this key infrastructure. By acquiring Peoples, Aqua America will create a unique platform with a strong management team that is poised for further expansion.” Deborah Orida, CPPIB Senior Managing Director & Global Head of Active Equities.
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