The fingerprints of Manila Water’s new owner, Trident Water, are emerging. Since Filipino billionaire Enrique Razon’s Prime Strategic Holdings acquired a 52% voting stake in Manila Water from Ayala Corporation in 2021, the Philippines-based company has begun ramping up its international position while simultaneously expanding and renewing its flagship domestic concessions.
In this Research Note:
- New ownership, experience to drive expansion into new markets
- Saudi Arabia provides landing spot for global water ambitions
- Saur partnership delivers