Patria Transfers Chilean Desalination Project to Sister Fund and…

Patria has transferred the Aguas Pacifico desalination project in Chile to another fund and private equity buyers, with legal support from Proskauer Rose LLP and Chile’s Carey.

Patria, a Brazilian investment company, has successfully transferred the Aguas Pacifico desalination project in Chile to another of its funds, alongside a group of private equity investors. This transaction was facilitated by the legal expertise of Proskauer Rose LLP from two of their offices, in conjunction with Chilean law firm Carey. The transfer represents a strategic decision by Patria to optimize its investment portfolio.

The transfer of the Aguas Pacifico desalination project underscores Patria’s proactive approach in managing its investment assets. With the assistance of proficient legal advisors, the transaction is positioned to benefit both Patria’s internal fund management and the interests of the private equity buyers involved.

Original Source: latinlawyer.com