#Water Treatment #Portugal #INDAQUA #Iberian Market #Matosinhos

INDAQUA Secures Major Financing

INDAQUA, a prominent player in the water and wastewater treatment sector in Iberia, recently announced a significant financial milestone. The company has successfully completed an incremental financing round totaling €358 million, facilitated by Schroders Capital and Santander. This funding will bolster the company's capital structure, driving its ongoing growth and development within the region.

Strong Growth in Core Markets

The successful completion of this financing follows INDAQUA's impressive growth trajectory, particularly in its core market of Portugal. The company has not only solidified its position domestically but has also made strides in expanding its operations into Spain. This strategic growth highlights INDAQUA's strong standing as a comprehensive water services platform across the Iberian Peninsula.

Pedro Perdigão, the CEO of INDAQUA, remarked, “Completing this financing marks an important milestone for INDAQUA. It further reinforces confidence in our business model and allows the fast-growing company to rebalance its capital structure while continuing to deliver high-quality water services to the communities we serve.”

Extensive Service Portfolio

INDAQUA operates long-term municipal water concessions that serve over 810,000 individuals across various cities in Portugal. In Spain, the company manages water supply networks and a portfolio of long-term municipal and industrial water contracts. Additionally, INDAQUA offers services that encompass water efficiency projects, operational, and maintenance services, ensuring a complete solution for the urban water cycle.

The company is recognized globally for its commitment to reducing non-revenue water (NRW), a key interaction in managing water losses. Thanks to innovative operational efficiencies, INDAQUA has achieved unprecedented low levels of water leakage. Complementing this objective, the integration of renewable energy solutions, including solar panels and onsite cogeneration facilities, exemplifies INDAQUA's dedication to sustainability.

A Leader in the Municipal Water Sector

With its extensive experience, INDAQUA has established itself as the largest private operator of water and wastewater concessions in Portugal. The company also manages a diverse portfolio of contracts in Spain, reflecting a robust presence throughout the region. INDAQUA prides itself on reducing water losses in supply networks while enhancing overall operational efficiency.

Employing over 900 dedicated professionals, INDAQUA successfully oversees water and wastewater systems in municipalities like Santa Maria da Feira, Matosinhos, and Vila do Conde, among others. Their service reach extends into various regions in Spain, including Toledo and Granada, where INDAQUA delivers reliable water supply and wastewater treatment services.

Importantly, INDAQUA's operational support framework extends to water management companies and public entities, providing invaluable services through efficiency projects and technical assistance. This comprehensive approach not only addresses the immediate needs of state and municipal partners but seeks to foster long-term improvements across the Iberian water infrastructure.

Conclusion

As INDAQUA embarks on this new chapter bolstered by significant financing, it continues to play a pivotal role in advancing water service efficiency in Iberia. With a strategic focus on sustainability and operational excellence, the company is well-positioned to navigate the complexities of water management while expanding its offerings to meet the demands of the future.