November 21, 2016 by

P3 to Finance Historic SAWS Water Supply Project

Milbank, Tweed, Hadley & McCloy LLP has advised international lenders led by Sumitomo Mitsui Banking Corp., in connection with financing for the $920 million Vista Ridge Project, a water pipeline and well field that is expected to provide 20 percent more water to the City of San Antonio for at least the next 30 years.

The project represents one of the largest public-private partnership (P3) contracts in the water sector in the United States.

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