SJL Jimenez Lunz has advised Infracapital Partners on its equity arrangements with among others Morgan Stanley Infrastructure Partners in connection with their GBP 1.236bn acquisition of a 90% stake in Veolia Environnement S.A.’s UK regulated water business. Veolia Environnement S.A will retain a 10% stake in the UK regulated water business.

The UK regulated water business acquired is the second largest regulated water-only company in the UK, providing water services to a population of over 3.5 million people in three distinct regions of northwest, London and southeast England.

The team at SJL advising on the deal was led by corporate and finance partner Michel Jimenez Lunz.