Aussie water rights investor seeks A$100m

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 a...

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