#Portugal #Water Utilities #INDAQUA #Matosinhos #Capital Funding

INDAQUA's Major Milestone in Water Management

In a significant move for the iberian water and wastewater sector, INDAQUA, a leading company specializing in water management, has successfully secured additional financing totaling 358 million euros. This funding was made possible through partnerships with Schroders Capital and Santander, aiming to enhance the company’s capital structure and facilitate further growth in the industry.

Pedro Perdigão, Chairman of INDAQUA, stated that this financing is a vital milestone for the company, reflecting strengthening confidence in its business model. He emphasized that this position will not only allow INDAQUA to realign its capital structure but will also ensure the continued delivery of high-quality water services to the communities it serves.

INDAQUA operates long-term municipal water concessions, serving over 810,000 people in Portugal. However, the company is also extending its reach in Spain, where it manages water supply networks and oversees a diverse portfolio of long-term municipal and industrial water contracts. INDAQUA is committed to improving water efficiency and has adopted operational and maintenance services that address broader urban water cycle needs.

One of INDAQUA's competitive advantages lies in its focus on reducing Non-Revenue Water (NRW), a crucial indicator of water losses in supply systems. By emphasizing operational efficiency, INDAQUA has achieved record-low levels of water losses, underpinning its status as a global leader in this area. Moreover, the company is also investing in renewable energy solutions, integrating onsite photovoltaic and cogeneration technologies into its operations to further enhance sustainability.

Expanding Reach and Services

Over the years, INDAQUA has solidified its position as the largest private operator of water and wastewater concessions in Portugal. With a diversified portfolio of water contracts across regions in Spain, the company not only ensures efficient water supply to municipalities like Santa Maria da Feira, Matosinhos, and Torrevieja but also engages proactively with industrial clients.

With a workforce exceeding 900 employees, INDAQUA is not just a service provider but a key player in sustainable urban water management. The company’s operations extend across various cities, effectively managing water and wastewater networks and providing essential services.

In addition to concession management, INDAQUA also furnishes operational support for water utilities and public entities through water efficiency projects, maintenance services, and technical assistance. This comprehensive approach highlights INDAQUA’s dedication to advancing urban water management and providing integrated solutions that cater to all sectors of society.

Commitment to Sustainability

Beyond its immediate operational goals, INDAQUA's commitment to sustainability positions it as a forward-thinking company. By implementing technologies aimed at improving water efficiency, coupled with investments into renewable energy solutions, INDAQUA is setting industry standards critical to tackling water scarcity and promoting environmental conservation.

At a time when the importance of clean, reliable water supply has never been higher, INDAQUA’s recent financing success is a beacon of growth in the water management sector. The strategic investments supported by this funding allow INDAQUA to continually innovate and enhance its service offerings, ensuring that communities have access to the essential resources they need for a sustainable future.