Investment Summary

Algonquin Invests In Empresa de Servicios Sanitarios de Los Lagos S.A.

On September 11, 2020, Algonquin invested in utilities company Empresa de Servicios Sanitarios de Los Lagos S.A.

Investment Highlights
  • This is Algonquin’s 5th transaction in the Utilities sector.
  • This is Algonquin’s 1st transaction in Chile.

Investment Summary

Date 2020-09-11
Target Empresa de Servicios Sanitarios de Los Lagos S.A.
Sector Utilities
Investor(s) Algonquin
Deal Type Stake Purchase

Target

Empresa de Servicios Sanitarios de Los Lagos S.A.

Los Lagos, Chile
Empresa de Servicios Sanitarios de Los Lagos S.A. (ESSAL) is a water and wastewater utility company that has approximately 230,000 connections in Southern Chile, a region well known for its access to water. The utility operates 48 potable water production systems, 29 sewage plants, and 4,100 km of distribution and sewage networks covering 33 municipalities across three regions.

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Investor(S) 1

Investor

Algonquin

Oakville, Ontario, Canada

Category Company
Founded 1988
Sector Renewable Energy
Employees3,786
Revenue 2.3B USD (2024)
DESCRIPTION

Algonquin is a renewable energy and regulated utility company with assets across North America. The Corporation actively invests in hydroelectric, wind and solar power facilities, and sustainable utility distribution businesses (water, electricity and natural gas) through its two operating subsidiaries. Algonquin was founded in 1988 and is based in Oakville, Ontario.


DEAL STATS #
Overall 17 of 17
Sector: Utilities M&A 5 of 5
Type: Stake Purchase M&A Deals 2 of 2
Country: Chile M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-03 Bermuda Electric Light Co.

Hamilton, Bermuda

Bermuda Electric Light Co. is a provider of electricity, operating a generating plant and transmission and distribution systems throughout the Island. Bermuda Electric Light was founded in 1908 and is based in Hamilton, Bermuda.

Buy $365M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-09 Algonquin - Renewable Energy Business

Oakville, Ontario, Canada

Algonquin's Renewable Energy Business is comprised largely of wind and solar assets located throughout the United States and Canada, including 44 operating assets with more than 3,000 megawatts (MW) of generating capacity and an 8,000 MW pipeline of wind, solar, battery energy storage and renewable natural gas projects in various stages of development. Algonquin's Renewable Energy Business is based in Oakville, Ontario.

Sell -