Indaqua, a leading company in the Iberian water and sewage treatment sector, announces that it has successfully completed an additional financing provided by Schroders Capital and Santander in the amount of 358 million ꞓ, which strengthens its capital structure and positions the company for further growth.
This milestone is followed by robust growth in the Portugal core market and the successful expansion to Spain, which underlines the strong position that the company has built up in recent years as a leading Iberian water platform.
Pedro Perdigão, CEO of Indaqua, said: “The conclusion of this financing is an important milestone for Indaqua. It strengthens confidence in our business model and enables the rapidly growing company to realign its capital structure and at the same time to offer the communities we supply high quality water services”.
Indaqua runs long -term municipal water concessions and supplies more than 810,000 people in Portugal. In Spain, the company operates water supply networks and manages a portfolio of long -term municipal and industrial water contracts. Indaqua also offers projects to improve water efficiency, operating and maintenance services as well as technical support that cover the entire urban water cycle.
Indaqua is a worldwide leading company in reducing water losses (non -revenue water, NRW) – a key indicator of water losses – and has achieved a record -breaking low level of water loss by concentration on operational efficiency. In addition to this strategy, the company also integrates solutions for renewable energies such as photovoltaics and power-heat coupling on site to promote sustainability.
About Indaqua:
Indaqua is a leading Iberian company that works in the entire urban water cycle and specializes in the municipal water supply and wastewater treatment and is also present in the area of industrial water supply. Indaqua is currently the largest private operator of water and sewage concessions in Portugal and manages a diversified portfolio of water contracts in Spain. Indaqua has extensive know-how in reducing water losses in the supply networks and improving operational efficiency. In addition, the company integrates solutions for renewable energies, including solar collectors and organic energy systems on site, as part of its more comprehensive approach to sustainability.
With a team of over 900 employees, Indaqua manages the water and sewage networks of cities such as Santa Maria da Feira, Matosinhos, Oliveira de Azeméis, Santo Tirso, Trofa, Vila Do Conde, Barcelos, Marco de Canaveses and Paços de Ferreira and thus supplies over 810,000 consumers in Portugal. The company is also well represented in Spain (Toledo, Rioja, León, Jaén, Granada and Mallorca) and provides services in the areas of water supply and wastewater treatment in several regions as well as integrated solutions for industrial customers.
In addition to concession management, Indaqua also offers operational support for water management companies and public institutions in the form of water efficiency projects, operating and maintenance services and technical help.
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