Morgan Stanley Investment Management (MSIM), through investment funds managed by its private infrastructure investment platform Morgan Stanley Infrastructure Partners (MSIP), has plans to sell its ownership stake in Seven Seas Water Group to the EQT Infrastructure VI fund.
Seven Seas Water Group is a developer, owner and operator of water and wastewater treatment plants across North America, including the United States, the Caribbean and Latin America.
The company is the result of a business separation from noninfrastructure activities, which was conducted shortly after a public-to-private transaction. Under MSIP’s ownership, Seven Seas Water has experienced substantial growth expanding its footprint in the United States, particularly Texas.
Seven Seas Water has more than 220 plants currently under management. Through its water-as-a-service model, Seven Seas Water delivers environmentally compliant water and wastewater treatment to a diverse customer base that
