Chile's Aguas Pacífico lands up to $45M Blue Loan for desalination push
What's the deal? Aguas PacíficoDealroom has a profile for this one. Try Dealroom →, a Chilean water infrastructure company owned by Patria InvestmentsDealroom has a profile for this one. Try Dealroom →, has secured a bridge loan of up to $45 million led by NatixisDealroom has a profile for this one. Try Dealroom →. The financing, signed on July 29, 2026, will fund development of its desalination and water transport projects in Chile's Valparaíso and Metropolitan regions.
What's the endgame? The money backs the Aconcagua Project, described as one of the largest multipurpose desalination and water infrastructure initiatives in Latin America. It comprises a desalination plant with a capacity of roughly 1,000 litres per second, an approximately 78-kilometre aqueduct, and a 110/23 kV electrical substation.
The debt is structured as a short-term Blue Loan at the holding-company level, channelling credit access through Aguas Pacífico HoldingDealroom has a profile for this one. Try Dealroom → to finance the project's development.
Why now? The Aconcagua Project is billed as the first desalination initiative developed to supply Chile's central region — an area under mounting water stress. The bridge facility provides interim holding-company financing while the larger project advances.
The deal's complexity spanned four jurisdictions: Chile, the United States under New York law, Spain, and Uruguay. MilbankDealroom has a profile for this one. Try Dealroom → advised the borrower, while Natixis drew on Guerrero OlivosDealroom has a profile for this one. Try Dealroom →, White & Case, and Chilean firm CareyDealroom has a profile for this one. Try Dealroom →.
The signal: Blue Loans — debt tied to sustainable water and ocean projects — remain a niche financing tool, and this deal signals growing investor appetite for large-scale desalination as Latin America confronts water scarcity.
Read more: latincounsel.com
Image credit: Generated with Gemini
