Essal in a day’s work for Aguas Andinas
- From: Vol 9, Issue 6 (June 2008)
- Category: General
- Region: Americas
- Country: Chile
- Related Companies: Agbar, Aguas Andinas, CORFO, Essal and Iberdrola
Aguas Andinas’ purchase of Essal will take it close to the legal limit of its water penetration in Chile. Where can i go next?
Iberdrola has agreed the sale of its 51% stake in Chilean water company Essal to Agbar subsidiary Aguas Andinas for €103.3 million (USD162.8 million). The enterprise value to EBITDA ratio of 11.4 is in line with recent similar operations carried out in the Chilean water market.
The sale is due to go through in July once Aguas ...
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