EQT will be looking to pump up the volume following news that it has agreed to acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners.

The new asset will be added to the EQT Infrastructure VI fund. Seven Seas builds and operates water and wastewater treatment plants across the U.S., Caribbean, and Latin America, having successfully implemented its Water-as-a-Service® (or “WaaS®”) integrated model for over two decades. Turning pressure into performance, the deal represents a new chapter for Seven Seas and an opportunity for EQT to support its management team in accelerating the deployment of water and wastewater treatment plants. This is a chance to turn the tide in a key area of critical infrastructure. “We’re excited to join forces with the Seven Seas team to help drive more efficient water and wastewater management and fulfill their mission to expand access to clean, affordable water in the communities where it is needed the most,” commented Alex Darden, Partner and Head of EQT’s Infrastructure Advisory Team Americas. You could say the deal was one of ‘going with the flow’.