Aussie water rights investor seeks A$100m
- From: Vol 11, Issue 8 (August 2010)
- Category: General
- Region: Asia
- Country: Australia
- Related Companies: Causeway Water Limited
A unique new vehicle which will invest in Australian water entitlements is going on tour to drum up investor interest. MD Richard Lourey believes he has a powerful proposition.
Causeway Water Limited, a new company set up specifically to invest in Australian water rights, plans to hold meetings with prospective investors in Asia, Europe and the United States ahead of an initial A$100 million (US$90 million) fundraising round.
“We’re looking to raise money by offering equity to shareholders,” managing director Richard Lourey told GWI. “We see ...
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