Canada Pension Plan Investment Board entered into a non-binding agreement to acquire unknown stake in Iguá Saneamento S.A. from representative shares of IG4 Capital Special Situations Fund I, fund managed by IG4 Capital Investimentos Ltda. and other minority shareholders.

Canada Pension Plan Investment Board (CPP) entered into a non-binding agreement to acquire unknown stake in Iguá Saneamento S.A. from representative shares of IG4 Capital Special Situations Fund I, fund managed by IG4 Capital Investimentos Ltda. and other minority shareholders on January 15, 2021.Canada Pension Plan Investment Board signed an investment agreement to acquire an unknown minority stake in Iguá Saneamento S.A. from its minority shareholders for BRL 664 million on March 21, 2021. The transaction also includes an initial acquisition of interests in Iguá for BRL 514 million.

CPP will ultimately hold its 45% aggregate stake in Iguá and the current direct controlling investment entities of Iguá that will continue to be managed by IG4 Capital without a change of control. Metis Advisors acted as financial advisor for Canada Pension Plan Investment Board. The transaction is subject to customary closing conditions, regulatory approvals and the Administrative Council for Economic Defense.