Connecting Waterpeople
Almar Water Solutions

You are here

Almar Water Solutions expands in Chile and acquires 50% of services company Aguas San Pedro, S.A.

Almar Water Solutions expands its activities in Chile and acquires 50% of Aguas San Pedro, S.A.

  • Aguas San Pedro S.A provides drinking water and sanitation services in the municipal market under concession regime.
  • The goal of this operation is to create a regional platform for urban services, laying the foundations to expand its activities in Chile and Latin America.

About the entity

Almar Water Solutions
Almar Water Solutions is a provider of specialist expertise and solutions in water infrastructure development, including financing, design and operation.

Themes

Almar Water Solutions, a leading company in the development and management of water infrastructure and services, and part of Abdul Latif Jameel Energy, has acquired a 50% stake in Aguas San Pedro S.A., a company that operates in the water concession market in Chile, providing services to more than 39,000 customers and serving a population of more than 150,000 inhabitants.

With this new acquisition, Almar Water Solutions expands its activities and enters the urban services market (comprehensive water cycle), confirming its commitment to the creation of regional service platforms with local partners to bring it closer to the real situation of each area and customer.

This transaction complements Almar Water Solutions' offering and its presence in the Chilean and Latin American markets, following the acquisitions of Osmoflo SpA in 2019 and 50% of Aguas y Riles S.A. in 2021 in the industrial water market, which are now operating as Almar Water Services Latam after the merger.

After the transaction was closed, Carlos Cosín, CEO of Almar Water Solutions, said: "We reaffirm our commitment to provide municipal and industrial water services hand in hand with local partners, in order to extend our expertise and financial capacity to Chile and other areas of Latin America. The region has a very large water demand, unequal distribution of resources and big effluent treatment needs, where Almar can contribute significant value in the development and management of solutions based on non-conventional technologies". 

After more than 5 years in the market, Almar Water Solutions already has a presence and assets in operation in Spain, Chile, Egypt, Bahrain, and Saudi Arabia and continues its international expansion, focusing now on important markets such as Asia-Pacific and the United States of America, with a strategy aimed at investments, services, and technological innovation.

Subscribe to our newsletter

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.

Featured news

22/03/2022 · Groundwater · 25

World Water Day 2022: Groundwater - Making the Invisible Visible

30/09/2021 · Desalination · 62 1

Shuqaiq 3 IWP Film #3 - Touring the plant with Luis Morales, Technical Director

29/07/2021 · Desalination · 102 1

Shuqaiq 3 Independent Water Project - #2 Construction

03/06/2021 · Desalination · 591

Shuqaiq 3 Independent Water Project