Sale of Valoriza Agua Portugal to the Japanese Corporation Marubeni

Financial advisor

Client: Valoriza Agua

Category: Concessions

Description: GBS Finance acted as advisor to Valoriza Agua, a company engaged in the design, engineering, construction, operation, and maintenance of water treatment plants and a subsidiary of Sacyr Vallehermoso, the listed Spanish-based construction, property development and real estate group, in the sale of Administraçao e Gestao de Sistemas de Salubridade SA (AGS), the Portugal-based company engaged in water business, to Marubeni Corporatio and Innovation Network Corporation of Japan (INCJ), the Japanese-based government-sponsored investment company. The deal is estimated to be valued at EUR 250m.

As part of the transaction, Marubeni and INCJ will make a 50% investment each in AGS.