Ember Infrastructure and partners to take H2O Innovation private

The deal values H2O Innovation at C$395 million, on a fully diluted equity basis.

  • Ember is funding its portion of the purchase price with capital it manages on behalf of LPs as well as select co-investors, including Ontario Power Generation Pension Fund
  • Upon completion of the deal, Ember will become the majority shareholder, with IQ, CDPQ and key executives of H2O Innovation holding a total interest of about 21%
  • Ember plans to delist H2O Innovations’ shares from the TSX and Euronext Growth Paris

H2O Innovation, a Quebec City-based solutions provider for drinking water, wastewater and water reuse applications, has agreed to be taken private for C$4.25

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