Ullico completed the acquisition of 75% stake in Vista Ridge Water Pipeline from Ridgewood Infrastructure.

Ullico, an insurance and financial services holding company, completed the acquisition of 75% stake in Vista Ridge Water Pipeline from Ridgewood Infrastructure, an infrastructure investment firm focused on essential infrastructure in the US lower middle market. Financial terms were not disclosed. "We are proud of the vital role Ridgewood Infrastructure played in the Vista Ridge pipeline. Our fruitful partnership with San Antonio Water System was instrumental in bringing this transformative project to life, ensuring the city has the resources it needs. We also want to acknowledge the efforts of city officials and the many San Antonio stakeholders whose support and collaboration were instrumental to completing this ambitious project for the betterment of all residents. Together, we have created lasting infrastructure that will support the city for generations to come," Michael Albrecht, Ridgewood Infrastructure Managing Partner.