New at Castalia

Saint Lucia Prepares for Water PPP

The bidding process for the water and sewerage concession in the Caribbean island of Saint Lucia presents a new approach to emerging market PPPs in the water sector. Departing from the calssic concession / management contract models, it selects a minority private investor to participate in the capitalization of a new service provider, and grants the investor / operator full managerial and operational control over the company. The capitalization of the company will enable investments in the sector despite the credit crisis.

The International Finance Corporation (IFC) is the lead Government advisor on the transaction, and the regulatory framework was designed by Castalia under a sector reform project funded by the World Bank.

The White Paper on this PPP investment opportunity is available here.