Ridgewood Infrastructure, an investment firm focused on essential infrastructure in the U.S. lower middle market, has sold its 75 percent interest in the Vista Ridge water pipeline in Texas, a critical component of San Antonio’s infrastructure.
Vista Ridge delivers approximately 20 percent of San Antonio’s fresh water under a long-term concession agreement with the San Antonio Water System. The Vista Ridge pipeline provides fresh drinking water to support the city’s long-term, sustainable growth.
The pipeline was constructed as part of the largest water public-private partnership in U.S. history, and its sale marks the culmination of Ridgewood Infrastructure's strategic investment.
Financial terms of the sale were not disclosed.
“We are proud of the vital role Ridgewood Infrastructure played in the Vista Ridge pipeline,” said Michael Albrecht, managing partner of Ridgewood Infrastructure. “Our fruitful partnership with San Antonio Water System