Project Detail |
To provide a sustainable infrastructure solution for Chile’s central region experiencing high drought risk and water stress by financing desalination plant, thereby addressing the growing water scarcity crisis in the region. DESCRIPTION Alongside Patria Infrastructure Fund V (the Fund), AIIB is making an equity co-investment in Aguas Pacifico. The Aguas Pacifico project (the Project) is a water desalination initiative located in Chiles central region, designed to address water stress and climate change impacts by providing a sustainable freshwater source. The Project is being developed in two phases: Phase I includes the construction of a 1,000 liters per second (l/s) desalination plant, a 104 km aqueduct, and an electricity substation. Phase II will expand the plants capacity to 2,000 l/s. |