TORONTO, ONTARIO — (Marketwired) — 04/17/13 — Aquila Infrastructure Management (“Aquila”) is pleased to announce that an Aquila-led consortium has acquired a minority interest in UK-based Thames Water.
Thames Water is the largest water and sewerage company in the United Kingdom. Thames Water provides services to London and surrounding areas, serving 14 million customers – about one-third of the total population of England and Wales. “Thames Water is a world-class organization and we are excited to be a part of its investor group,” said Alina Osorio, Chief Executive Officer of Aquila. Aquila sourced the transaction on a proprietary basis.
Aquila-s consortium includes its fund, the Infrastructure Coalition, and five other investors including TIAA-CREF, New Brunswick Investment Management Corporation, and Teachers- Retirement Allowances Fund. “This investment executes on our strategy to provide our clients with more direct exposure to core infrastructure assets, including providing co-investment opportunities to the investors in our fund,” said Alina Osorio. Aquila will manage the interest on the consortium-s behalf.
About Aquila and the Infrastructure Coalition
Aquila is located in Toronto and was established in 2009 as a full service investment management services firm focused solely on the infrastructure sector. It delivers tailored investment solutions that offer advantages over traditional fund models.
Aquila-s flagship fund is the Infrastructure Coalition, a closed-end investment vehicle with a mandate to invest in core infrastructure assets in OECD countries.
Additional information about Aquila Infrastructure is available on the company-s website at .
Contacts:
Aquila Infrastructure Management Inc.
Alina Osorio
Chief Executive Officer
+1 416 340-1937 x262
Aquila Infrastructure Management Inc.
Dale Tingley
Director
+1 416 340-1937 x263