#United States #EQT #New York #Seven Seas Water Group #Water-as-a-Service

EQT Set to Enhance Water Solutions with Acquisition of Seven Seas Water Group

EQT is making waves in the infrastructure sector with its recent acquisition of Seven Seas Water Group, a prominent player in sustainable water and wastewater solutions. This strategic move not only showcases EQT's commitment to investing in essential infrastructure but also emphasizes the pressing need for efficient water resources across various regions, including the U.S., Caribbean, and Latin America.

The Water-as-a-Service Revolution

Seven Seas Water Group has pioneered the Water-as-a-Service® model, delivering integrated water and wastewater solutions to communities facing increasing challenges related to water scarcity and aging infrastructure. With over 220 plants under operation, the company has established a robust framework for managing the water value chain—a vital service that requires long-term investment and innovative approaches to meet emerging demands.

During a time when the U.S. Environmental Protection Agency estimates that up to $75 billion will be required for decentralized wastewater treatment projects by 2042, Seven Seas is better positioned than ever to tackle these daunting challenges.

Meeting Growing Community Needs

As numerous communities struggle with pressures stemming from population growth and environmental changes, EQT and Seven Seas plan to expand their operational capacity to address water accessibility issues head-on. This expansion plans not only to improve infrastructure but also to offer scalable, customized solutions that include desalination and advanced water purification technologies.

EQT’s acquisition will enable Seven Seas to further develop its capabilities within the industry, ensuring greater efficiency and enhanced service delivery. Both companies believe that through a combined vision, they can significantly impact the communities that rely most on their services, ensuring that all residents have access to clean and affordable water.

A Vision for Sustainable Growth

Alex Darden, a prominent figure at EQT, highlighted the company's close monitoring of the water sector, noting the emerging trends that strongly favor sustainable water management. Darden emphasized the importance of providing critical access to potable water for underserved populations, which UEQT aims to achieve in collaboration with Seven Seas.

Henry Charrabé, the CEO of Seven Seas Water Group, echoed Darden’s sentiments, expressing excitement about the partnership. He pointed out that EQT’s long-term vision aligns seamlessly with Seven Seas' strategies for sustainable growth, enhancing the company's infrastructure expertise and financial fortitude, which are crucial for achieving ambitious goals.

Conclusion

EQT’s acquisition of Seven Seas Water Group is more than a financial decision; it's a commitment to enhancing water resource management and ensuring communities receive reliable and high-quality water services. As EQT and Seven Seas join forces, they are paving the way for a future where sustainable water solutions are accessible and effective, addressing not just current needs but anticipating future demands. This partnership symbolizes a proactive approach to managing a critical component of our society's infrastructure, setting a precedent that could inspire similar initiatives worldwide.

For Further Information
For additional details regarding this acquisition and what it means for the future of water resources, interested parties can contact the EQT Press Office at [email protected].