[ad_1]
NEW YORK, Oct. 7, 2024 /PRNewswire/ — Ridgewood Infrastructure, a important infrastructure funding company fascinated about crucial infrastructure within the U.S. decrease center marketplace, lately introduced the a hit sale of its 75% passion within the Vista Ridge aqua pipeline. Vista Ridge delivers roughly 20% of San Antonio’s untouched aqua beneath a long-term concession pledge with the San Antonio H2O Machine (SAWS).
The Vista Ridge pipeline is a vital quality of San Antonio’s infrastructure, offering untouched consuming aqua supporting town’s long-term, sustainable enlargement. The pipeline was once built as a part of the most important aqua public-private partnership in U.S. historical past, and its sale marks the end result of Ridgewood Infrastructure’s strategic funding.
Michael Albrecht, Managing Spouse of Ridgewood Infrastructure, expressed his revere for the partnership with SAWS and the wider population efforts that made the mission a good fortune.
“We are proud of the vital role Ridgewood Infrastructure played in the Vista Ridge pipeline. Our fruitful partnership with San Antonio Water System was instrumental in bringing this transformative project to life, ensuring the city has the resources it needs,” mentioned Albrecht. “We also want to acknowledge the efforts of city officials and the many San Antonio stakeholders whose support and collaboration were instrumental to completing this ambitious project for the betterment of all residents. Together, we have created lasting infrastructure that will support the city for generations to come.”
The Vista Ridge mission underscores Ridgewood Infrastructure’s loyalty to addressing vital infrastructure demanding situations around the U.S. and handing over impactful answers that power long-term price for communities and stakeholders.
TD Securities (USA) LLC acted as unique monetary consultant and White & Case, LLP as felony consultant to Ridgewood Infrastructure.
About Ridgewood Infrastructure
Ridgewood Infrastructure is a important infrastructure investor within the U.S. decrease center marketplace with sectors of focal point together with H2O, Power Transition, Transportation, and Utilities. For more info, please discuss with www.ridgewoodinfrastructure.com.
Ridgewood Infrastructure
527 Madison Road, 18th Ground
Pristine York, NY 10022
Telephone: (212) 867-0050
Electronic mail: [email protected]
SOURCE Ridgewood Infrastructure
WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Virtual Media
Shops
270k+
Reporters
Opted In
[ad_2]
Source link
