Connecting Waterpeople

You are here

Aqualia strengthens its leadership in water management in Andalusia and Extremadura, Spain

  • Aqualia strengthens its leadership in water management in Andalusia and Extremadura, Spain
  • The company completes the acquisition of 100% of Agua y Gestión del Ciclo Integral, which operates in 18 municipalities in Extremadura and Andalusia. The transaction contributes 60 million euros to Aqualia's business portfolio.

  • Aqualia also holds a significant percentage of the shares of Codeur, the company that manages the service in Vera (Almería).

About the entity

Aqualia is the water management company owned by the citizen services group FCC (51%) and by the Australian ethical fund IFM Investors (49%). Aqualia is Europe's fourth largest private water company in terms of population served.


Aqualia has completed the acquisition of the company Agua y Gestión del Ciclo Integral S.A. The transaction includes 100% of the shares of Agua y Gestión del Ciclo Integral, 40% of the shares of the Company Mixta de Aguas de Guadix (Granada) and the concession contracts awarded to its parent company, Agua y Gestión S.A. by the municipalities of Huéscar (Granada) and San José del Valle (Cádiz). Companies operating in El Ejido (Almería) are excluded from the agreement.

With this transaction Aqualia will manage the municipal water services of 18 new municipalities in Badajoz, Cáceres, Cádiz, Granada, Almería and Ciudad Real. Santiago Lafuente, Aqualia's Director for Spain, highlights the importance of the transaction “to reinforce Aqualia's current leadership in Andalusia and Extremadura as a specialised manager of public water services in these territories”.

The new contracts, which are operationally integrated into the extensive network of municipalities managed by Aqualia in these regions, include a joint population of nearly 90,000 inhabitants, have an average duration of 12 years, a workforce of 78 workers and a business portfolio of 60 million euros.

In Vera and Garrucha (Almería), with the support of Codeur

In addition, Aqualia has acquired a significant stake in Codeur, a company which, through a joint venture with the local government, will manage the Municipal Water Service of Vera (Almería) until 2053.

Codeur's shareholders also include the Comunidad de Regantes Climasol, which brings together the majority of irrigators in the area. The company has an annual turnover of 8.6 million euros.

With this stake in Codeur, Aqualia acquires a strategic position in eastern Almería, an area with serious water shortages that requires highly technical and professional water supply management. 

Aqualia has recently participated with Codeur in the public tender for the management of the Municipal Water Service of Garrucha. The TJV formed by both entities has been awarded the contract that will be signed soon. 

Following the finalisation of these two transactions, Aqualia is present in 91 municipalities in Andalusia, where it serves 2.2 million citizens. In Extremadura it collaborates with 108 local governments and provides services to more than 430,000 inhabitants.


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

24/09/2021 · Business · 161 2
Six actions to boost SDG6