INDAQUA Completes €358 Million Financing to Enhance Water Services in Iberia
INDAQUA Secures Significant Financing for Growth
On September 11, 2025, INDAQUA, a prominent name in the Iberian water and wastewater treatment industry, made a noteworthy announcement regarding their successful completion of a €358 million financing round. This venture was backed by key players, Schroders Capital and Santander, significantly bolstering INDAQUA's capital structure and paving the way for future growth.
The recent financial milestone underscores INDAQUA's robust expansion in Portugal, where the company has deep roots and a solid reputation, as well as its ventures into the Spanish market. Over the past few years, INDAQUA has established itself as a leader in providing water solutions across the Iberian Peninsula, becoming a formidable entity in this essential sector.
Pedro Perdigão, the Chief Executive Officer of INDAQUA, expressed his enthusiasm about the financing, stating, "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." This statement reflects the strategic vision of INDAQUA to maintain and enhance service standards for its clientele as it grows.
Operating long-term municipal water concessions, INDAQUA serves an expansive customer base of over 810,000 residents in Portugal. Their operations extend into Spain, managing various water supply networks and overseeing a range of long-term municipal and industrial contracts. INDAQUA's scope of services includes not just water treatment but also efficiency projects, operational maintenance, and the crucial technical assistance that supports the urban water cycle.
One of the notable achievements of INDAQUA is its leadership in minimizing non-revenue water (NRW)—an essential metric for evaluating water losses. Through a commitment to operational efficiency, the company has reached record-low leakage levels, which is a significant concern in the water supply sector. To further enhance its sustainability approach, INDAQUA proactively integrates renewable energy solutions, including solar photovoltaic systems and on-site cogeneration facilities, into its operations.
About INDAQUA:
As a pioneering player in the water and wastewater management field in Iberia, INDAQUA specializes in both municipal water supply and wastewater treatment, while also making strides in industrial water management. As the largest private operator managing water and wastewater concessions in Portugal, it boasts a diverse portfolio across the Spanish market.
With a dedicated workforce of over 900 employees, INDAQUA is deeply embedded in the communities it serves, managing networks in cities such as Santa Maria da Feira, Matosinhos, and Oliveira de Azeméis, among others. The company also has a significant operational footprint in Spain, enhancing service delivery across regions such as Toledo, Rioja, and Mallorca.
Beyond managing concessions, INDAQUA extends its expertise through operational support for various water management companies and public entities, offering comprehensive water efficiency projects, operational support services, and vital technical assistance.
In conclusion, INDAQUA's recent €358 million financing not only solidifies its robust market presence but also positions it favorably for further expansion and innovation in the crucial area of water management, reflecting a proactive approach to sustainability and operational excellence. As they move forward, their commitment to serving communities and reducing water losses remains a top priority, ensuring they remain at the forefront of the Iberian water treatment landscape.