Acquire ownership interests in three residual water treatment plants in Mexico

Industry

Infrastructure

Company Type

Water Treatment

Location

Mexico

Size

$220,000,000

Investment Type

Debt/Equity

For important risk and disclaimer information, Click Here.

Click to view Investor Presentation and/or Schedule Management Call.

To Access DataRoom, click Download NDA.

Helping Great Companies Grow

Overview

Lexington Water (in partnership with SUEZ Medio Ambiente Mexico) is seeking USD $62.5 million currently and USD $157.5 million in the first half of 2020 to acquire ownership interests in a number of Mexican water treatment plants. Both existing (brownfield) and new (greenfield). Some plants may need expansion or require upgrades.

Lexington Water plans to work initially on:

  • Brownfield projects which have been operational for several years under SUEZ ś leadership with strong historical cash flows
  • Suez is a shareholder and operator of the brownfield assets
  • Additional projects in pipeline (greenfield and brownfield)
Helping Great Companies Grow

Opportunity

  • About 77% of the population and 79% of GDP production in Mexico is located in areas that have only 32% of the country’s water availability
  • This has prompted the Mexican government to elevate sustainable water management to a national security concern
  • Water availability has dwindled from 18,035 m3/inhabitant/year in 1950 to 3,982 m3 in 2015
  • In total, 635 aquifers provide 37% of water for consumption. Of these aquifers for consumption, 65% are for urban and industrial demand. 106 aquifers are severely overexploited
  • About 76% of water is used in agriculture, but inefficient water-use and competition among water users is generating trade-offs and conflicts
  • Mexico is a predominantly urban nation with 80% of its population inhabiting urban settlements (approximately 95 million urban dwellers) – urban water security is an important priority
Helping Great Companies Grow

Solution/Strategy

  • Management team has strong expertise in water sector
  • SUEZ is a global leader in resource management, paving the way for a more sustainable future. It provides solutions in three key areas: water and wastewater, recycling and waste recovery, and treatment solutions. SUEZ has built 300 treatment plants in Mexico since 1958 and operates 520,000 m3/d of treated wastewater. The second largest water company in the world
  • Lexington Water and SUEZ Medio Ambiente Mexico have established a strategic partnership to pursue Mexican water projects with the highest positive economic impact and provide solutions for sustainable growth
Helping Great Companies Grow

Management

Jordi Valls

Mexico CEO – Suez

Eight years of experience in the water sector with Suez. Country Manager in the United Kingdom, Chile and Mexico. Development of the concession business in the integral water cycle through PPP, Concessions, BOT and contracting of Advanced Solutions services. Development of the Industrial Services Business. Integration of all business units. 17 years of experience in the Public Service as Mayor of Manresa, Spain. Advisor of Industry, Energy and Labor of the Generalitat de Catalunya. Executive President of the Port Authority of Barcelona. Law degree from the Autonomous University of Barcelona. PADE Senior Management Program of IESE Business School, University of Navarra and Leaders Program at ESADE Business School. Postgraduate Courses at MIT Boston, Seatrade Miami and ESPO Rotterdam. Public Private Partnerships expert.

Agustin Tristan

Chief Investment Officer – Lexington Water

Five years of experience at Goldman Sachs, New York. Experience in asset management, hedge funds, venture capital, management consulting and investment banking. Experience in consumer/retail, agribusiness, energy, infrastructure, telecommunications, healthcare, real estate, technology, finance and textile industries. Bachelors in Industrial Engineering and MBA from the University of Alabama.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

Sending

Log in with your credentials

Forgot your details?

Skip to toolbar