DIF Capital Partners and PERENfra have teamed up to create a portfolio worth over $1.5bn (€1.2bn) by investing in North American water infrastructure assets.
DIF, investing on behalf of its Infrastructure Fund VI, and the US-based infrastructure company plan to target infrastructure opportunities, focusing on all areas of water for municipal and industrial uses.
The companies said the partnership’s investment strategy focuses on both acquisitions of operational projects and late-stage development projects targeting water efficiency and reliability while providing positive social and environmental impacts.
Jeff Nelson, founder and CEO of PERENfra said “We are proud and excited to partner with DIF to provide essential water infrastructure in North America and beyond.
”There is a transition coming in water infrastructure, and as the needs for water continue to become more complex, we have built an industry-leading team with the right partners to provide safe, sustainable, efficient solutions for the long-term.”
Marko Kremer, the head of DIF North America, said: “Significant capital is required for necessary upgrades in water infrastructure systems across North America.
DIF is pleased to be partnering with the experienced specialist team at PERENfra in pursuit of critical investments in essential water infrastructure.”
To read the digital edition of the latest IPE Real Assets magazine click here.
No comments yet