PERENfra and DIF Infrastructure Fund VI, a fund managed by DIF Capital Partners, have signed a partnership agreement to develop and acquire water infrastructure opportunities in North America.
The companies said the partnership will focus on all areas of water for municipal and industrial uses, targeting large-scale investments toward the development of a $1.5 billion portfolio. The investment strategy focuses on both acquisitions of operational projects and late-stage development projects targeting water efficiency and reliability while providing positive social and environmental impacts.
PERENfra has a strong network in the water sector, with several investment opportunities already in process.
“There is a transition coming in water infrastructure, and as the needs for water continue to become more complex, we have built an industry leading team with the right partners to provide safe, sustainable, efficient solutions for the long-term,” said Jeff Nelson,