EQT Infrastructure VI has agreed to acquire Seven Seas Water Group from Morgan Stanley Infrastructure Partners, marking a major move by the Swedish investment firm into the sustainable water and wastewater services sector across the Americas.
Headquartered in Tampa and Houston, Seven Seas Water Group operates over 220 water and wastewater treatment plants throughout the U.S., Caribbean, and Latin America.
The company delivers solutions under its proprietary Water-as-a-Service® (WaaS®) model, providing communities with customized desalination, purification, wastewater treatment, and water reuse systems.
The acquisition underscores EQT’s strategy of backing essential infrastructure platforms with long-term growth potential, particularly in sectors aligned with global sustainability and climate resilience goals.
As demand rises for decentralized water systems—spurred by urban expansion, aging infrastructure, and climate-induced water stress—EQT sees the transaction as a way to tap into rising capital needs for alternative water services.
The U.S. Environmental Protection Agency estimates up to $75 billion will be required for decentralized wastewater investments through 2042.
Seven Seas’ WaaS® approach integrates plant design, development, financing, and operations to deliver flexible water solutions in areas underserved by traditional infrastructure.
The company has been active in revitalizing existing facilities and developing greenfield sites, serving as a critical provider in regions facing water scarcity and environmental pressure.
EQT plans to leverage its digital and operational capabilities to optimize Seven Seas’ platform, while also supporting geographic expansion and scaling of its decentralized utility model. The transaction remains subject to customary regulatory approvals and closing conditions.
Business News Asia