AquaChile $100m Equity Raise

AquaChile has retained IM Trust to help it raise $100m in equity ahead of a potential IPO, according to a Chile based banker not involved in the deal. According to the banker, AquaChile is hoping to IPO in 1-2 years. AquaChile was not immediately available for comment and IM Trust did not return calls. A report in the Chilean press says that AquaChile could bring in a strategic partner for 20%-30% of its equity.